3 Room (3I) HDB for Rent in 98 Whampoa Drive

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $354,503, translating to a price per square foot (PSF) of $507. This valuation reflects a calculated market position, with no deviation from the baseline price, suggesting a stable demand in this sought-after residential area. Bishan's strategic location and its reputation for being a family-friendly neighbourhood contribute significantly to its desirability, thereby maintaining its competitive pricing amidst the dynamic Singapore real estate landscape.

Our analysis is grounded on a robust dataset comprising 111 recent HDB resale transactions within the vicinity, providing a reliable benchmark for valuation accuracy. The high model confidence associated with this assessment underscores the reliability of the data and the prevailing market conditions. As the remaining lease period is an essential factor influencing buyer sentiment, the HDB's 47-year lease remains an attractive proposition for many homeowners, particularly first-time buyers seeking to enter the market. The current valuation signals a balanced equilibrium in the market, positioning this property as a prudent investment opportunity in a resilient sector of Singapore's real estate market.