3-Room HDB for Room Rent: 86 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 $34,634, translating to a price per square foot (PSF) of $340. The market analysis indicates that this valuation aligns perfectly with the baseline market price, showcasing a 0% difference. This stability in pricing reflects the resilience of the Bishan locale, a highly sought-after residential area known for its robust amenities and accessibility.

Our assessment draws from a comprehensive analysis of 22 recent HDB resale transactions within the vicinity, providing a solid foundation for our high confidence rating. The data underscores the consistent demand for HDB properties in this region, driven by factors such as urban development, proximity to educational institutions, and enhanced transportation links. As the remaining lease approaches the mid-point, prospective buyers may weigh the lease duration against the property’s intrinsic value, yet the strong market signals suggest a sustained interest in this category of housing. Overall, the dynamics of the Bishan HDB market reflect a harmonious balance between supply and demand, ensuring a stable investment environment.