3 Room (3I) HDB for Sale in 3 Saint George's Road

This valuation report focuses on a 3-room HDB flat located in the highly sought-after Bishan area, which boasts a remaining lease of 48 years. The estimated value is pegged at $231,189, translating to a price per square foot (PSF) of $364. Notably, this valuation stands at an impressive 80.8% above the market baseline, indicating a significant premium attributed to the strategic location and amenities in the vicinity.

The strong market signal derived from this valuation reflects a robust demand for HDB properties in Bishan, supported by 21 recent resale transactions in the area. This data bolsters our confidence in the valuation model, which is rated as high confidence. Potential buyers should consider the long-term lease remaining on this property, as it provides a balance of affordability and prime location—factors that are increasingly important in the current real estate market landscape. The dynamics of supply and demand, coupled with the area's inherent desirability, suggest that this property is well-positioned to retain its value over time.