3 Room (3I) HDB for Sale in 23 Bendemeer Road

The valuation of the HDB 3-room unit located in the esteemed Bishan estate reflects a premium position within the current Singaporean property market. With an estimated value of $252,699—equating to $345 PSF—this property is noted to be priced significantly above the market baseline by 78.1%. Such a substantial deviation indicates strong demand drivers in the locality, underscoring Bishan's reputation as a highly sought-after residential district. The remaining lease of 43 years is a critical factor in this valuation, as it suggests potential considerations for future buyers regarding leasehold tenure and its impact on long-term investment viability.

Despite the apparent desirability indicated by the pricing, the model confidence is classified as low, which indicates that the valuation may be influenced by a limited pool of comparable sales data. The analysis is based on four recent HDB resale transactions within the vicinity, which may not adequately capture the full spectrum of market dynamics. As such, while this valuation signals a robust interest in the property, potential investors should remain cautious and consider the implications of lease duration and market fluctuations in their purchasing decisions.