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

The valuation of the HDB 3-room property located in the highly sought-after Bishan area reflects a robust market signal, with an estimated value of $398,118 or $507 per square foot. This valuation indicates a notable premium, being 9.3% above the baseline market value, underscoring the desirability of the location and the continued demand for HDB dwellings in this precinct. The strong market performance is supported by a comprehensive analysis of 111 recent HDB resale transactions in the vicinity, contributing to a high confidence level in the model’s accuracy.

With a remaining lease of 47 years, this property is positioned strategically within a vibrant community that offers residents access to excellent amenities, schools, and transport links. The current market dynamics suggest that buyers are willing to invest a premium for properties in Bishan, reflecting its enduring appeal and the limited supply of HDB units in the area. As such, this valuation not only highlights the intrinsic value of the property but also signals a broader trend of sustained interest in the Bishan locality, making it a compelling opportunity for prospective buyers and investors alike.