3-Room HDB for Room Rent: 98 Whampoa Drive

The recent valuation of a 3-room HDB unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $76,074, equating to a price per square foot (PSF) of $507. This valuation is particularly noteworthy as it reflects a market price that is in alignment with the baseline, indicating a stable market condition without fluctuations in pricing. Such stability is crucial for both potential buyers and investors, as it signals a balanced demand and supply scenario within the Bishan precinct.

With a robust model confidence rating of high, this valuation is supported by an extensive analysis of 111 recent HDB resale transactions in the vicinity. This comprehensive data set not only reinforces the credibility of the estimated value but also highlights the competitive nature of the Bishan market, known for its strategic location and strong community amenities. As the remaining lease of 47 years plays a pivotal role in influencing buyer sentiment, the current valuation suggests a favorable opportunity for buyers looking for long-term investment in a sought-after district.