3 Room (3I) HDB for Sale in 82 Whampoa Drive

The valuation of the HDB 3 Room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $240,646, translating to a price per square foot (PSF) of $339. This valuation indicates a premium positioning within the market, as it reflects a substantial 55.8% difference from the baseline, suggesting robust demand and a competitive market environment. Such a valuation underscores the desirability of the Bishan locale, known for its strategic connectivity and comprehensive amenities, which significantly enhance its appeal to potential buyers.

Market dynamics play a crucial role in shaping this valuation, particularly given the high model confidence stemming from analysis based on 21 recent HDB resale transactions in the vicinity. The strong demand for HDB properties in Bishan is evident, as buyers are willing to pay a premium for the advantages offered by the area, including proximity to reputable schools, parks, and efficient public transport links. This attractiveness is further buoyed by the remaining lease, which, while moderately diminished, still provides a substantial timeframe for occupancy and investment potential, making it an appealing choice for both first-time buyers and seasoned investors alike.