3 Room (3I) HDB for Sale in 98 Whampoa Drive

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 47 years, reflects a significant market signal indicating its estimated value of $242,414, translating to approximately $346 per square foot. This valuation is notably above the market average, showcasing a remarkable 64.6% difference from the baseline. Such a premium positioning suggests that the property is highly sought after, likely driven by the area's desirable amenities, established infrastructure, and the strong demand for housing in Bishan.

With a model confidence rating classified as high, this analysis draws on the recent performance of 21 HDB resale transactions in the vicinity, further bolstering the credibility of the estimated value. The dynamics of the Bishan market exhibit a robust resilience, characterized by a blend of limited supply and high demand, particularly for properties with remaining leases that still provide ample living duration for prospective homeowners. As Singapore's property landscape continues to evolve, this HDB unit exemplifies the investment potential inherent in well-located assets, particularly in areas like Bishan that enjoy a strategic central position coupled with excellent connectivity.