4 Room (4NG) HDB for Rent in 116A Jalan Tenteram

The subject property, a 4-room HDB flat located in the highly sought-after Bishan district, presents an estimated market value of $764,464, translating to $781 per square foot. With a remaining lease of 90 years, this property benefits from a substantial duration of ownership, which is a crucial factor in maintaining its appeal amidst changing market dynamics. The high model confidence, stemming from an analysis of 350 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation.

The stability in the market price, with a 0% difference from the baseline, indicates a balanced demand and supply scenario in Bishan, a location known for its robust infrastructure and community amenities. This equilibrium suggests that prospective buyers are willing to pay a premium for properties in this area, reflecting the high desirability and investment potential of the HDB market. As urban development continues and the appreciation of leasehold properties remains a critical consideration, this 4-room flat stands as a compelling opportunity for both homebuyers and investors looking to capitalize on the enduring value of HDB living in Singapore.