3 Room (3I) HDB for Sale in 74 Whampoa Drive

The valuation of the HDB 3 room unit in Bishan, with a remaining lease of 54 years, stands at an estimated value of $419,915, translating to a price per square foot (PSF) of $591. This valuation reflects a market price that is 4.8% above the baseline, indicating a competitive stance within the current real estate landscape. Given the area's desirability and the unit's intrinsic qualities, this HDB property benefits from the robust demand for public housing in Bishan, renowned for its strategic location and community amenities.

Our analysis is underpinned by a model confidence level categorized as medium, based on 11 recent HDB resale transactions in the vicinity. This sample size provides a foundational insight into market dynamics, showcasing a modest yet significant appreciation within the local market. The remaining lease of 54 years is a critical factor that potential buyers must consider, as it influences both the investment horizon and the property’s long-term value retention. As the market continues to evolve, stakeholders should remain vigilant about lease durations and surrounding market conditions, which play pivotal roles in determining future property valuations.