4 Room (4A) HDB for Sale in 109 Whampoa Road

The valuation of this HDB 4-room property in Bishan, with a remaining lease of 45 years, stands at an estimated value of $526,427, translating to $479 PSF. This valuation reflects a significant market signal, indicating an above-market price with a 67.2% difference from the baseline. Such a premium valuation can be attributed to several factors, including the strategic location of Bishan, which is renowned for its connectivity and well-established amenities. The area’s desirability has resulted in an increased demand for HDB properties, further influencing the market dynamics and pricing strategies.

However, it is essential to note that the model confidence for this valuation is categorized as low. This suggests that while the property commands a premium over comparable transactions, there may be underlying market fluctuations or unique property characteristics that contribute to this uncertainty. The analysis is based on three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market trends or the nuanced preferences of buyers. It is imperative for potential investors and homeowners to consider these market dynamics and the implications of the remaining lease when making informed real estate decisions in this highly competitive landscape.