3-Room HDB for Room Rent: 117A Jalan Tenteram

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 90 years, stands at an estimated value of $118,950, translating to a price per square foot (PSF) of $793. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in alignment with prevailing market conditions. The model confidence rating is high, supported by an analysis of 110 recent HDB resale transactions in the vicinity, which lends further credence to the accuracy of this valuation.

In the dynamic landscape of Singapore’s property market, the Bishan area remains a coveted locale for homebuyers, especially those seeking HDB flats with substantial remaining leases. The stability of this valuation, coupled with the solid demand evidenced by recent resale activities, underscores the resilience of HDB properties in this region. As leasehold properties continue to gain traction, factors such as proximity to amenities, transportation links, and community infrastructure play a pivotal role in maintaining their value. This HDB unit exemplifies the enduring appeal of Bishan, strategically positioned to meet the needs of a diverse demographic while promising potential long-term appreciation.