3 Room (3I) HDB for Rent in 76 Lorong Limau

This valuation report focuses on a 3-room HDB property located in the highly sought-after Bishan estate, where the remaining lease stands at 45 years. The estimated value of $235,288, equating to $326 per square foot, positions this property within a competitive segment of the market. With a market signal indicating a 0% difference from the baseline price, this suggests that the property is currently aligned with the prevailing market conditions, reflecting a stable demand for HDB units in this area.

Analyzing recent data from 18 HDB resale transactions in the vicinity, our model confidence is categorized as medium, indicating a reasonable level of certainty in the valuation amidst existing market dynamics. The Bishan area is renowned for its accessibility and community amenities, making it a desirable location for prospective buyers. As such, this valuation not only reflects the current property price dynamics but also underscores the importance of leasehold tenure in the resale market. As the lease period decreases, potential buyers may exhibit varying levels of interest, thereby impacting future valuations in this vibrant residential enclave.