3-Room HDB for Room Rent: 195 Golden Clover

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $72,995, translating to a price per square foot (PSF) of $487. This valuation reflects a market price that aligns precisely with the baseline, indicating a neutral market signal. Such stability in pricing suggests that demand and supply dynamics in this sought-after locality are currently balanced, which is a positive indication for potential buyers and investors alike.

Based on a robust analysis of 111 recent HDB resale transactions in the vicinity, the model confidence in this valuation is marked as high. This level of confidence underscores the reliability of the data and the market trends observed. Bishan is renowned for its strategic location and accessibility, making it a prime residential area. The remaining lease of 46 years, while not the longest, still offers a substantial duration for prospective homeowners, particularly for those looking to settle in a well-connected and vibrant community. As market conditions evolve, potential buyers should remain cognizant of the ongoing developments in the surrounding area that may further influence property values and investment potential.