Terrace HDB for Sale in 62 Jalan Ma'Mor

The valuation of the HDB Executive flat in Bishan, with a remaining lease of 32 years, stands at an estimated value of $364,194, translating to a price per square foot (PSF) of $360. This valuation positions the property significantly above the market baseline, with a noteworthy 257% difference indicating strong demand and exceptional market dynamics in the area. Such a premium suggests that potential buyers are willing to pay a substantial premium for the unique attributes of the Bishan locale, known for its strategic connectivity, robust amenities, and family-friendly environment.

The high model confidence rating, backed by an analysis of 72 recent HDB resale transactions in the vicinity, reinforces the credibility of this valuation. The Bishan estate continues to be a sought-after destination, characterized by its blend of urban convenience and serene living, which likely contributes to the sustained interest and higher price points observed. As the HDB market evolves, this executive flat exemplifies the growing trend of premium valuations in well-established neighborhoods, where factors such as remaining lease duration and local amenities play a critical role in influencing buyer sentiment and market performance.