3-Room HDB for Room Rent: 117A Jalan Tenteram

The valuation of the 3-room HDB unit located in Bishan reveals a compelling narrative within Singapore's dynamic real estate landscape. With a remaining lease of 90 years, the estimated value of $118,950, translating to $793 per square foot, reflects the robust demand characteristic of this sought-after precinct. The fact that the market price indicates a 0% deviation from the baseline serves as a strong testament to the stability and resilience of HDB properties in Bishan, which continue to attract both first-time buyers and seasoned investors alike.

Furthermore, the model confidence is rated as high, grounded in the analysis of 110 recent HDB resale transactions in the vicinity. This extensive dataset not only fortifies the accuracy of the valuation but also highlights the consistent market dynamics at play. In a period where leasehold properties are scrutinized for their longevity and potential appreciation, the 90-year remaining lease of this unit positions it favorably within the Bishan market, suggesting a sustained interest and potential for future value growth. Such characteristics make this property a prime candidate for discerning buyers who seek stability and long-term investment in Singapore's evolving housing market.