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

The valuation of the HDB 3 Room property in Bishan, with a remaining lease of 47 years, stands at an estimated value of $242,414 or $346 PSF. This valuation indicates a significant market signal, as it is assessed to be above market by 97.6% compared to the baseline. Such a premium suggests a heightened demand for HDB units in the Bishan area, which is consistently recognized for its strategic location, accessibility to amenities, and family-friendly environment.

With the model confidence rated as high, this valuation is supported by a robust analysis of 21 recent HDB resale transactions in the vicinity. The property’s strong performance, despite its remaining lease, can be attributed to Bishan's reputation as a desirable residential hub. Investors and homeowners alike are increasingly drawn to properties that not only offer a long lease but also promise potential appreciation in value due to the area's ongoing development and infrastructure enhancements.