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, is estimated at $333,460, translating to a price per square foot (PSF) of $340. This valuation positions the property above the current market baseline, indicating a significant premium of 31.4%. Such a disparity underscores the desirability of the Bishan locality, known for its well-established amenities, accessibility, and family-friendly environment, which continue to attract homebuyers despite the diminishing lease term.

Our analysis is informed by data from 8 recent HDB resale transactions in the vicinity, providing a robust comparative framework, albeit with medium model confidence. The elevated valuation suggests that potential buyers are willing to pay a premium for the unique advantages offered by this property, including its strategic location and the overall appeal of the Bishan district. As such, this property not only reflects current market trends but also highlights the intricate dance between remaining lease duration and buyer sentiment in the dynamic Singaporean real estate landscape.