3-Room HDB for Room Rent: 30 Bendemeer Road

The valuation of the HDB 3 Room unit in Bishan, with a remaining lease of 43 years, stands at an estimated value of $48,923, translating to a price per square foot (PSF) of $326. This valuation indicates a stable market position, reflecting a market price that shows no deviation from the baseline, signaling a consistent demand within this desirable enclave of Singapore. The analysis is underpinned by a robust model confidence rating of high, suggesting that the valuation is supported by reliable and relevant data.

Drawing from 21 recent HDB resale transactions in the vicinity, this valuation encapsulates the current market dynamics and sentiment. Bishan, known for its strategic location and family-friendly amenities, continues to attract buyers, particularly those seeking mid to long-term investments in a well-established neighborhood. The consistency in market pricing highlights the resilience of HDB properties in the district, despite the remaining lease of 43 years, a factor that typically influences buyer sentiment. This stability positions the property favorably within the broader market landscape, ensuring it remains an appealing choice for prospective homeowners and investors alike.