3 Room (3I) HDB for Sale in 75 Whampoa Drive

The current valuation of the HDB 3-room unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $242,068, translating to a price per square foot (PSF) of $346. This valuation is notably above the market baseline, reflecting a 57% premium when compared to comparable properties in the area. Such a significant deviation from the baseline is indicative of strong demand and a robust market sentiment towards HDB properties in Bishan, a highly sought-after district in Singapore.

The high model confidence level, derived from an analysis of 42 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. Bishan's strategic location, coupled with its well-established infrastructure and community amenities, continues to attract buyers, thereby driving prices upward. Furthermore, the remaining lease of 47 years is considered favorable, as it allows for ample time for potential appreciation, making it an appealing investment in the current market landscape.