4 Room (4A) HDB for Sale in 38A Bendemeer Road

The valuation of the HDB 4 Room property in Bishan, with a remaining lease of 83 years, is estimated at $1,130,268, translating to a price per square foot (PSF) of $1,143. This valuation positions the property as a competitive option within the local market, reflecting a 14.4% advantage over the baseline value, indicating a strong investment opportunity for potential buyers. The Bishan area, known for its strategic location and accessibility, continues to attract a diverse demographic, which in turn supports stable demand and pricing for HDB units.

Analysis based on 11 recent HDB resale transactions in the vicinity demonstrates a medium level of confidence in this valuation model, underscoring the importance of continual market monitoring. The remaining lease of 83 years is a significant factor influencing buyer sentiment and perceived value, as properties with longer leases tend to command higher prices. Given the current market dynamics, this property not only represents a worthwhile investment but also a desirable home in one of Singapore's sought-after residential areas.