Common Room (HDB) for Rent in 47 Bendemeer Road

The valuation of the 4 Room HDB in Bishan, with a remaining lease of 47 years, stands at an estimated value of $49,821, equating to a price per square foot (PSF) of $498. This valuation reflects a stable market position, indicating a 0% difference from the baseline market price. Such stability suggests that the property is aligned with current market expectations, making it a compelling option for potential buyers seeking a balanced investment in a sought-after location.

Bishan is a highly desirable district in Singapore, known for its strategic connectivity and comprehensive amenities. The model confidence for this valuation is classified as high, supported by a robust dataset of 353 recent HDB resale transactions in the vicinity. This significant volume of transactions underscores the active interest and ongoing demand for HDB properties in the area, which are further bolstered by the neighborhood's attractiveness and lifestyle offerings. As the remaining lease stands at 47 years, buyers can anticipate a reasonable tenure that aligns with long-term living or investment plans, making this property a valuable asset in a competitive market.