3 Room (3A) HDB for Rent in 28 Jalan Bahagia

The valuation of this HDB 3-room property in Bishan, with a remaining lease of 45 years, stands at an estimated value of $206,899, translating to a price per square foot (PSF) of $332. This valuation reflects a stable market presence, as indicated by a market price that shows no deviation from the baseline. The model confidence for this valuation is rated as high, underscoring the reliability of the assessment based on current market dynamics.

Analyzing the local HDB resale landscape, this valuation is substantiated by a comprehensive review of 21 recent transactions in the vicinity. The consistent pricing suggests a robust demand for HDB units in Bishan, a region known for its connectivity and amenities. As Bishan continues to be a sought-after residential enclave, properties with a remaining lease of 45 years are likely to attract interest from both first-time buyers and investors. This stability in valuation amidst a competitive market reinforces the notion that HDBs in prime locations can maintain their value, even as the lease period diminishes.