3 Room (3I) HDB for Sale in 74 Whampoa Drive

The HDB 3-room property located in the highly sought-after district of Bishan presents an estimated value of $422,165, translating to a price per square foot (PSF) of $595. With a remaining lease of 54 years, this valuation reflects the current market dynamics that are influenced by both demand and supply factors prevalent in the vicinity. The calculated market price indicates a 4.2% difference from the baseline, suggesting a moderate appreciation in value that is characteristic of the Bishan area, known for its strategic location and well-developed amenities.

The valuation is based on a robust analysis of 9 recent HDB resale transactions within the locality, offering a reliable snapshot of the market activity. The model confidence is categorized as medium, highlighting the need for potential buyers to consider variables such as lease tenure and market fluctuations during their purchasing decisions. As the Bishan estate continues to attract interest due to its connectivity and quality of life offerings, this property presents a compelling opportunity for both homeowners and investors looking to capitalize on the long-term growth potential of HDBs in this vibrant neighborhood.