3 Room (3I) HDB for Sale in 24 Bendemeer Road

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 45 years, stands at an estimated value of $365,896 or $500 PSF. This valuation is classified as above market, registering a notable 21.6% difference from the baseline, indicating a robust demand in this highly sought-after district. Bishan's strategic location as a central hub in Singapore, coupled with its proximity to quality amenities and public transport, continues to drive competitive pricing in the HDB market.

With a model confidence rating categorized as high and based on a comprehensive analysis of 111 recent HDB resale transactions in the vicinity, this valuation underscores the resilience and appeal of Bishan as a residential choice. The remaining lease of 45 years is a critical factor, as it balances the property’s future marketability against buyer preferences for longer leases. Given the current market dynamics and the premium associated with properties in this enclave, investors and potential homeowners should approach this listing with keen interest, recognizing the long-term potential of the asset.