3 Room (3I) HDB for Sale in 93 Whampoa Drive

The HDB 3 Room unit located in Bishan, with a remaining lease of 47 years, has been assessed at an estimated value of $242,414, translating to a price per square foot (PSF) of $346. This valuation places the property significantly above the market baseline, reflecting a notable 56.8% premium compared to comparable transactions. Such a robust valuation suggests strong demand dynamics in the Bishan area, which is well-regarded for its connectivity and amenities, making it a coveted location for potential homeowners and investors alike.

Our analysis is supported by a high confidence level, derived from 21 recent HDB resale transactions in the vicinity. The prevailing market signals indicate a competitive landscape, driven by factors such as limited availability of units with similar lease durations and the area's increasing desirability among buyers. The remaining lease of 47 years, while presenting a moderate duration, remains attractive due to Bishan's strategic location and comprehensive urban planning initiatives that promise sustained growth. This valuation not only underscores the property’s intrinsic value but also highlights the broader market trends that are favorably impacting HDB properties in this vibrant district.