3 Room (3STD) HDB for Rent in 34 Jalan Bahagia

In the vibrant district of Bishan, this HDB 3-room unit presents a compelling investment opportunity, with an estimated value of $198,942, translating to a price per square foot of $332. The property boasts a remaining lease of 45 years, which is a significant factor influencing its valuation. Given the high demand for HDB properties in this well-connected area, the market price reflects a stable equilibrium, with a 0% difference from the baseline. This indicates a strong alignment with current market dynamics, as evidenced by robust interest in similar properties.

The valuation is supported by a thorough analysis of 21 recent HDB resale transactions in the vicinity, reinforcing the model’s high confidence level. The consistency in pricing suggests a resilient market, driven by Bishan's strategic location and the amenities it offers. As the remaining lease diminishes, potential buyers are urged to consider the long-term implications of lease decay on property value. Overall, this HDB unit not only represents a sound investment but also reflects the broader market trends within Singapore's dynamic real estate landscape.