3-Room HDB for Room Rent: 30 Bendemeer Road

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 45 years, stands at an estimated market value of $34,132, translating to $341 PSF. This valuation indicates a neutral market signal, reflecting a 0% difference from the baseline. Such stability suggests a balanced demand and supply dynamic in this highly sought-after residential enclave, where Bishan’s reputation for strong community amenities and accessibility continues to attract homebuyers and investors alike.

Our analysis is grounded in a robust dataset comprising 42 recent HDB resale transactions in the vicinity, contributing to a high model confidence in this valuation. The remaining lease period of 45 years is notably significant, as properties with longer lease tenures generally command a premium, particularly in a market where leasehold considerations increasingly influence buyer sentiment. As such, the current valuation underscores Bishan’s enduring appeal, ensuring that properties in this locale remain an attractive proposition in the competitive landscape of Singapore’s real estate market.