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

This valuation report pertains to a 3-room HDB unit located in the highly sought-after precinct of Bishan, boasting a remaining lease of 48 years. The estimated value of this property stands at $235,745, translating to a price per square foot (PSF) of $365. Notably, the market price indicates a stable position, with a 0% difference from the baseline, suggesting that the current valuation aligns well with prevailing market trends and sentiments.

Analysis of the surrounding market dynamics reveals that this valuation is informed by a thorough examination of 18 recent HDB resale transactions within the vicinity. The medium confidence level of this model reflects a balanced assessment, taking into account both the unique characteristics of the Bishan area and the overall demand for HDB properties in Singapore. As the housing market continues to evolve, the remaining lease period of 48 years is a critical factor that potential buyers must consider, influencing both immediate purchasing decisions and long-term investment potential in this vibrant community.