3 Room (3S) HDB for Rent in 120 Bishan Street 12

The recent valuation of the HDB 3-room unit in Bishan, with a remaining lease of 59 years, stands at an estimated value of $470,853, translating to a price per square foot (PSF) of $683. This valuation reflects a stable market signal, with a 0% difference from the baseline price. Such equilibrium is indicative of a well-balanced demand and supply dynamic in Bishan, a highly sought-after residential enclave known for its strategic location and accessibility.

With a high model confidence level, our analysis is reinforced by data drawn from 92 recent HDB resale transactions within the vicinity. This robust dataset not only supports the current valuation but also highlights the resilience of Bishan’s real estate market, particularly in the context of HDB properties. As the remaining lease stands at 59 years, potential buyers and investors should consider the implications of lease duration on future capital appreciation, ensuring that investment decisions are informed by both current market conditions and long-term leasehold dynamics.