3 Room (3I) HDB for Sale in 98 Whampoa Drive

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $218,615, translating to a price per square foot (PSF) of $339. This figure significantly surpasses the baseline market value, reflecting a notable market signal that indicates an 82.1% difference from the established benchmark. Such a premium valuation highlights the desirability of Bishan as a residential locale, characterized by its strategic positioning, robust amenities, and a well-connected transport network.

Our analysis, grounded in the examination of 21 recent HDB resale transactions within the vicinity, showcases a high model confidence in this valuation. This confidence is further reinforced by the underlying demand dynamics, where properties in Bishan consistently attract heightened interest among prospective buyers. The remaining lease period of 46 years is considered favorable, as it allows for a substantial duration of occupancy, appealing to both first-time buyers and investors seeking potential appreciation in value over time. In the context of Singapore's evolving real estate landscape, this HDB unit exemplifies a compelling investment opportunity amidst a competitive market environment.