3 Room (3A) HDB for Sale in 116A Jalan Tenteram

The HDB 3-room property located in the highly sought-after district of Bishan, boasting a remaining lease of 89 years, presents an estimated value of $573,180, translating to a price per square foot (PSF) of $795. This valuation is notably positioned at an 18.5% premium above the current market baseline, indicating a robust demand for housing in this area. The analysis draws upon a comprehensive review of 109 recent HDB resale transactions in the vicinity, reinforcing the strength of the valuation with a high model confidence rating.

Bishan's strategic location, combined with its established amenities and transport links, continues to attract buyers, contributing to the upward pressure on property prices. The premium valuation reflects not only the desirability of the location but also the inherent value of the remaining lease, which is critical in the consideration of HDB properties. As the market dynamics in Bishan evolve, this property stands as a testament to the resilience and appeal of HDB living in one of Singapore’s prime residential locales.