3 Room HDB for Sale in 9 Boon Keng Road

The valuation of the HDB 3 Room unit in Bishan, with an estimated value of $947,962 ($823 PSF), indicates a robust performance within the current real estate market landscape. This property is situated in a highly sought-after area, with a remaining lease of 84 years, which contributes positively to its appeal among potential buyers. The analysis is based on 109 recent HDB resale transactions in the vicinity, ensuring that the valuation is grounded on empirical data.

Notably, the estimated value reflects a market signal that is 10.7% above the baseline, suggesting a strong demand for HDB properties in this region. This premium in valuation is indicative of various market dynamics, including the desirability of Bishan as a residential locale, the proximity to amenities, and the overall market sentiment favoring HDB resale transactions. The model confidence for this valuation is rated as high, reinforcing the reliability of the data-driven insights that underpin this assessment. As the market continues to evolve, such properties with significant lease tenures are likely to maintain their value and appeal in the competitive landscape of Singapore's real estate sector.