3 Room (3I) HDB for Sale in 47 Bendemeer Road

The valuation of the HDB 3 Room property in Bishan, with a remaining lease of 47 years, stands at an estimated value of $242,414, translating to $346 per square foot (PSF). This valuation positions the property significantly above the market baseline, reflecting a remarkable 97.6% difference. Such a premium suggests strong demand dynamics in the Bishan area, which is renowned for its strategic location and connectivity, making it a highly sought-after residential enclave.

Our analysis is bolstered by a robust model confidence rating, underpinned by data derived from 21 recent HDB resale transactions within the vicinity. This high level of confidence indicates a consistent trend of appreciation in property values, particularly in this segment of the market. The remaining lease of 47 years, while noteworthy, does not seem to deter buyer interest, suggesting that the unique attributes of Bishan, including its accessibility to amenities and public transportation, continue to drive property desirability and, consequently, valuation metrics.