4-Room HDB for Room Rent: 17 Jalan Tenteram

The valuation of this HDB 4-room unit in Bishan, with a remaining lease of 72 years, stands at an estimated value of $172,520, translating to $763 PSF. This valuation is derived from a comprehensive analysis of 357 recent HDB resale transactions in the vicinity, reflecting a robust data-driven approach that underscores the credibility of the assessment. The property demonstrates a market signal of 0% difference from the baseline, indicating a stable pricing environment that is neither experiencing upward nor downward pressure. This stability is particularly notable in the context of ongoing economic fluctuations and the overarching trends within Singapore's real estate landscape.

The remaining lease of 72 years is a significant factor influencing buyer sentiment and market dynamics in Bishan, a highly sought-after residential area. Properties with a longer lease tend to attract more interest, ensuring a steady demand among potential buyers. In addition, the HDB market in Bishan has historically been resilient, benefiting from strong community amenities, accessibility, and a reputation for quality living. The high model confidence associated with this valuation further reinforces the likelihood that the estimated price accurately reflects current market conditions, making it an appealing opportunity for discerning investors and homeowners alike.