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

The valuation of this HDB 3-room unit in Bishan, with a remaining lease of 54 years, stands at an estimated value of $422,165, translating to a price per square foot (PSF) of $595. This valuation reflects a notable market signal, indicating a 4.2% deviation from the baseline price, which suggests a slight upward trajectory in the local real estate landscape. The Bishan area is traditionally recognized for its desirable amenities and strategic connectivity, enhancing the attractiveness of such properties amidst the evolving market dynamics.

Our analysis is underpinned by a review of 9 recent HDB resale transactions within the vicinity, providing a robust comparative framework for this valuation. The medium model confidence indicates a balanced perspective on the data, suggesting that while there are positive indicators of demand, potential fluctuations in market sentiment should be considered. As the remaining lease diminishes, it remains imperative for buyers and investors to weigh the implications of leasehold duration against the backdrop of Bishan's enduring appeal.