4 Room (4I) HDB for Sale in 96 Whampoa Drive

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $333,460, translating to approximately $340 per square foot (PSF). This valuation places the property significantly above the market baseline, reflecting a remarkable 31.4% premium compared to similar properties in the area. Such a disparity suggests a robust demand for HDB units in Bishan, a region renowned for its strategic location and community amenities, which continues to attract buyers despite the remaining lease period.

In assessing the market dynamics, the model's confidence level is classified as medium, based on an analysis of 8 recent HDB resale transactions within the vicinity. This medium confidence indicates a variable market sentiment, influenced by factors such as location desirability, demographic shifts, and economic conditions. Investors and buyers should be mindful of the implications of the remaining lease, as properties with shorter leases may experience varying degrees of market acceptance over time. Nevertheless, the current valuation reflects a compelling opportunity for stakeholders looking to capitalize on the unique attributes of the Bishan locality.