4 Room (4A) HDB for Rent in 38A Bendemeer Road

The valuation of the HDB 4-room property in Bishan, with an estimated value of $1,131,411 ($1,143 PSF), reflects the current stability in the local market, evidenced by a 0% difference from the baseline price. This indicates a balanced market environment where supply and demand are aligned, allowing for a consistent valuation that mirrors recent transaction trends. With 11 comparable HDB resale transactions in the vicinity, the data suggests a well-informed baseline that supports the assessed value.

Moreover, the remaining lease of 85 years plays a critical role in the valuation. Properties with substantial remaining lease periods, such as this one, tend to attract a wider pool of buyers who are looking for long-term investment potential. The Bishan area is well-regarded for its accessibility and community amenities, making it a desirable location for homeowners. As such, the stability in pricing and the medium confidence level in the model indicate a promising outlook for this segment of the market, reinforcing the HDB's position as a sound investment opportunity in Singapore’s real estate landscape.