3 Room (3S) HDB for Rent in 115 Bishan Street 12

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 58 years, stands at an estimated value of $474,947, translating to a price of $689 PSF. This assessment reflects a market signal indicating a neutral stance, with a 0% difference from the baseline. Such stability in pricing suggests that the property is currently aligned with prevailing market conditions, driven by a balanced demand and supply scenario in the Bishan area.

However, it is important to note that the model confidence in this valuation is categorized as low. This classification arises from the limited data set, with only six recent HDB resale transactions in the vicinity used for comparative analysis. As the remaining lease of 58 years may impact buyer sentiment and future resale value, potential investors should remain cognizant of the dynamics of the HDB market in Bishan, as external factors such as urban development and demographic shifts could influence property values in the medium to long term.