3 Room (3I) HDB for Rent in 2 Saint George's Road

In the vibrant district of Bishan, the valuation of a 3-room HDB unit, with a remaining lease of 48 years, stands at an estimated $235,745, translating to $365 per square foot. This valuation indicates a stable market condition, as the property reflects a market price that shows no deviation from the baseline, suggesting a balanced equilibrium between supply and demand in the area. Such stability is underpinned by recent HDB resale transactions, with 18 comparable sales providing a robust dataset to support this valuation.

The medium confidence level in this valuation suggests that while the data is reliable, external factors such as market fluctuations and economic conditions could influence future valuations. The remaining lease period of 48 years is a critical component in assessing the long-term investment potential of this property. As the lease approaches its latter stages, potential buyers may exhibit varying perceptions regarding resale value, thereby affecting market dynamics. In summary, this HDB unit in Bishan presents a compelling opportunity for buyers seeking stability in a well-established neighborhood, while also necessitating a forward-looking approach concerning lease longevity and market trends.