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

In the current real estate landscape of Singapore, the valuation of this HDB 3 Room unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $245,877, translating to $346 PSF. This valuation is notably positioned above the market average by 62.7%, indicating a robust demand for property in this sought-after locality. Such a significant premium reflects not only the desirability of Bishan as a residential area but also the inherent value attached to HDB flats with substantial remaining leases.

The model confidence in this valuation is rated as high, grounded in data derived from 21 recent HDB resale transactions in the vicinity. This analytical foundation underscores the dynamic market conditions influencing HDB prices, where factors such as proximity to amenities, connectivity, and community desirability play pivotal roles. As the Bishan locality continues to evolve, the potential for value appreciation remains significant, making this property an attractive consideration for both homeowners and investors alike.