3 Room (3NG) HDB for Rent in 189 Bishan Street 13

The HDB 3-room unit in Bishan, with a remaining lease of 59 years, presents a compelling investment opportunity in one of Singapore's most sought-after residential precincts. With an estimated value of $468,473, translating to $681 per square foot, this property is positioned at the baseline market price, indicating a stable demand in the current real estate landscape. The consistent valuation reflects a robust market equilibrium, where buyer sentiment remains aligned with seller expectations, fostering a conducive environment for prospective homeowners and investors alike.

Market analysis, grounded in 95 recent HDB resale transactions in the vicinity, underscores the high model confidence in this valuation. Bishan's reputation for excellent connectivity, proximity to amenities, and reputable educational institutions significantly enhances its desirability, thereby maintaining a steady appreciation in property values. As the remaining lease diminishes, the appeal of this HDB unit may evolve, yet its current standing reflects a well-balanced interplay of supply and demand dynamics characteristic of Singapore's resilient housing market.