3 Room (3S) HDB for Sale in 44 Bendemeer Road

This valuation report focuses on a HDB 3-room unit located in the highly sought-after district of Bishan, which currently has a remaining lease of 43 years. With an estimated value of $214,813, translating to $317 per square foot, the property is positioned significantly above the market baseline, showing a remarkable 97.8% difference. This elevated valuation reflects the enduring desirability of the Bishan area, which is characterized by its strategic location, excellent transport links, and proximity to educational institutions and amenities.

The high model confidence of this valuation, based on a comprehensive analysis of 21 recent HDB resale transactions in the vicinity, indicates a robust market demand for properties in this segment. The data reveals a consistent upward trajectory in property values within Bishan, underscoring the area’s appeal among prospective buyers. As such, this HDB 3-room unit not only represents a sound investment opportunity but also highlights the dynamic interplay between lease tenure and market valuation in Singapore's ever-evolving real estate landscape.