3 Room (3I) HDB for Sale in 47 Bendemeer Road

The recent valuation of a HDB 3-room unit in the highly sought-after Bishan area indicates a significant market premium, with an estimated value of $272,197 or $346 PSF. This valuation, which reflects a marked 68.6% difference from the baseline, underscores the strong demand dynamics present in this vibrant residential enclave. With a remaining lease of 47 years, the property remains attractive to buyers and investors alike, positioning it favorably within the market context.

The analysis is supported by data from 21 recent HDB resale transactions in the vicinity, showcasing a robust confidence level in the valuation model. This high model confidence reflects the underlying market trends, where Bishan continues to be a preferred district due to its strategic location, accessibility, and a comprehensive range of amenities. As such, prospective buyers are likely to recognize the potential for capital appreciation, further solidifying the area's reputation as a prime residential choice in Singapore.