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

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $398,118, translating to a price per square foot (PSF) of $507. This valuation indicates a significant market signal, as it is positioned 17.6% above the baseline, suggesting a strong demand for properties in this highly sought-after locale. The premium pricing reflects the desirability of Bishan, a mature estate known for its excellent amenities, connectivity, and proximity to educational institutions, making it an attractive choice for families and young professionals alike.

With a model confidence rating classified as high, this valuation is supported by a robust analysis of 111 recent HDB resale transactions in the vicinity. The sustained interest in Bishan's real estate market, despite the remaining lease period, highlights the enduring value of properties in this area. Buyers are likely to recognize the strategic advantages of investing in HDB units here, particularly as the market dynamics continue to favor well-located properties with strong community infrastructure. As such, this valuation not only underscores the current market trends but also reinforces the long-term investment potential of HDB flats in Bishan.