4-Room HDB for Room Rent: 10A Bendemeer Light

The valuation of the HDB 4 Room property in Bishan, with a remaining lease of 90 years, stands at an estimated value of $96,544, translating to a price per square foot (PSF) of $805. This valuation is indicative of the strong market fundamentals present in this highly coveted district of Singapore. Bishan, known for its strategic location and well-developed amenities, continues to attract both homeowners and investors alike, resulting in a stable demand for HDB properties. The zero percent difference from the market baseline reflects a balanced equilibrium, suggesting that current pricing aligns closely with recent market transactions.

Our model confidence is rated as high, based on an extensive analysis of 357 recent HDB resale transactions in the vicinity. This robust dataset provides a reliable benchmark for assessing market dynamics and ensuring that the valuation is not only accurate but also reflective of prevailing trends. The remaining lease of 90 years adds a layer of security for potential buyers, as properties with longer leases tend to retain value better over time. Overall, this valuation not only highlights the resilience of the Bishan HDB market but also reinforces the area's desirability as a prime residential choice in Singapore.