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

The valuation of the 3-room HDB unit in Bishan, estimated at $360,081 or $507 PSF, reflects a robust market signal, indicating an above-market pricing by 11.1% compared to baseline values. With a remaining lease of 47 years, this property benefits from its prime location in Bishan, an area known for its strong demand and desirable amenities. The elevated valuation suggests a competitive market, driven by factors such as the proximity to reputable schools, accessibility to public transport, and a vibrant community environment.

The model confidence for this valuation is categorized as high, bolstered by an analysis of 111 recent HDB resale transactions in the vicinity. This substantial data set supports the assertion that the pricing reflects current market trends and buyer sentiment in Bishan. As potential homeowners and investors navigate the HDB landscape, understanding the dynamics of lease tenure and local market conditions will be crucial in making informed decisions. The resilience of property values in this region highlights the enduring appeal of Bishan as a sought-after residential locale.