Maisonette HDB for Sale in 160 Bishan Street 13

The valuation of the HDB Executive unit in Bishan, with a remaining lease of 75 years, stands at an estimated value of $1,413,673, translating to $864 PSF. This valuation reflects a nuanced understanding of the local market dynamics, particularly given the 1.8% variance from the baseline market price. Such a slight deviation indicates a relatively stable market environment, suggesting that the property is priced competitively within the context of recent transactions in the vicinity.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset derived from only three recent HDB resale transactions in the area. This scarcity of comparable sales can impact the reliability of the valuation, making it crucial for prospective buyers and investors to consider broader market trends and additional factors influencing property desirability in Bishan. The remaining lease of 75 years also plays a pivotal role in influencing buyer sentiment and long-term investment viability, as leasehold properties typically face additional depreciation concerns as the lease term diminishes.