4 Room (4I) HDB for Sale in 38C Bendemeer Road

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 83 years and an estimated value of $1,094,840, reflects the robust demand for properties in this highly sought-after district. Priced at $1,143 per square foot (PSF), this unit stands out as a good deal, offering a notable 13.4% difference from the baseline valuation. This premium positioning within the market can be attributed to Bishan's exceptional amenities, proximity to key transport nodes, and its reputation as a family-friendly environment.

Our analysis draws on 11 recent HDB resale transactions in the vicinity, providing a solid foundation for this valuation. The medium model confidence indicates that while there is a reliable dataset to support this pricing, ongoing fluctuations in the market might influence future valuations. The remaining lease of 83 years enhances the property’s attractiveness, as it balances long-term security for potential homeowners with the possibility of capital appreciation in a district that continues to maintain its appeal. As the market dynamics shift, this Bishan HDB unit presents a compelling opportunity for both buyers and investors looking to capitalize on a premium location with a favorable leasehold status.