3-Room HDB for Room Rent: 34 Whampoa West

The valuation of the HDB 3-room property located in the prestigious Bishan area, with a remaining lease of 44 years, stands at an estimated value of $33,374, translating to a price per square foot (PSF) of $334. This valuation reflects a noteworthy market signal, indicating a 0% difference from the baseline price, which suggests a stable market condition for HDB properties in this sought-after region.

Our analysis, grounded in the insights from 42 recent HDB resale transactions in the vicinity, demonstrates a strong market confidence with a high model confidence rating. The resilience in pricing can be attributed to Bishan’s strategic location, which offers excellent connectivity and a vibrant community atmosphere, making it an enduringly attractive choice for homebuyers. The remaining lease of 44 years is also a critical factor, as it balances the property’s value against the potential for future appreciation, especially in an area characterized by its premium appeal and ongoing urban development.