3 Room HDB for Sale in 9 Boon Keng Road

The valuation of the HDB 3-room unit in Bishan, with an estimated value of $947,962 translating to $823 PSF, reflects a robust position within the current market landscape. With a remaining lease of 84 years, this property appeals to both investors and owner-occupiers, showcasing its longevity and potential for appreciation in a highly sought-after district. The Bishan area is renowned for its strategic accessibility, proximity to amenities, and overall community appeal, factors that significantly contribute to its strong market positioning.

Notably, this valuation indicates a premium of 10.7% above the baseline market value, signaling a competitive demand for HDB units in this locale. The model confidence is rated as high, based on an analysis of 109 recent HDB resale transactions in the vicinity, which further substantiates the valuation's reliability. As urban migration patterns and demographic shifts continue to influence housing demand, this HDB unit stands as a compelling opportunity for prospective buyers, particularly in a market where lease tenure plays a critical role in determining property value.