Premium HDB for Sale in 113D Mcnair Road

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 89 years, stands at an estimated value of $599,040, translating to a price per square foot (PSF) of $818. This assessment reflects a significant premium in the market, as it is positioned 48.2% above the baseline valuation. Such a disparity indicates strong demand and a competitive market environment, particularly in the Bishan area, which is renowned for its strategic location and accessibility. The high valuation is underpinned by the robust performance of recent HDB resale transactions, with 109 comparable sales in the vicinity reinforcing the credibility of this estimate.

The model confidence for this valuation is rated as high, suggesting that the underlying data and market trends support a solid basis for the estimated value. Bishan's appeal as a residential hub is further enhanced by its proximity to amenities, quality schools, and green spaces, all of which contribute to a premium in property values. As such, prospective buyers and investors should consider both the long-term lease remaining and the prevailing market dynamics when evaluating this property, as it represents not just a home but a strategic asset in Singapore's evolving real estate landscape.