3 Room (3S) HDB for Sale in 123 Mcnair Road

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 60 years, is estimated at $465,360, translating to $676 PSF. This valuation indicates a robust market presence, as it stands 7.4% above the baseline, suggesting heightened demand and desirability for properties in this sought-after district. Bishan’s strategic location, coupled with its excellent connectivity and community amenities, consistently positions it as a prime residential area within Singapore, attracting both young families and investors alike.

Our analysis, grounded in data from 96 recent HDB resale transactions in the vicinity, reflects a high model confidence in this valuation. The strong performance of this property category in Bishan is indicative of broader market dynamics, where the interplay of limited supply due to the remaining lease and sustained demand has resulted in a competitive pricing environment. As such, prospective buyers and investors should recognize the inherent value in this HDB unit, not only for its immediate occupancy potential but also for its long-term capital appreciation prospects in a resilient market.