3 Room (3A) HDB for Sale in 116B Jalan Tenteram

The valuation of the HDB 3 Room property in Bishan, with a remaining lease of 89 years, stands at an estimated value of $577,537 or $801 PSF. This assessment reflects a significant premium over the baseline market value, with an above-market signal indicating a robust 25% differential. Such a valuation underscores the desirability of Bishan as a residential locale, characterized by its strategic connectivity and proximity to key amenities, which continue to sustain demand within the HDB market.

With a model confidence rating deemed high, this valuation is reinforced by empirical data drawn from 112 recent HDB resale transactions in the vicinity. The strong market signal suggests that buyers are willing to pay a premium for properties in this area, driven by factors such as limited supply, the appeal of established infrastructure, and the enduring reputation of Bishan as a family-friendly neighborhood. As the remaining lease remains substantial, investors and homeowners alike can anticipate a favorable position in the market, making this property a promising asset for both immediate living and long-term investment strategies.