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

The valuation of the 3-room HDB unit located in the highly sought-after district of Bishan has been estimated at $242,414, translating to a price per square foot (PSF) of $346. This valuation is notably above the current market baseline, reflecting a significant 64.6% premium that suggests robust demand and investor confidence within the Bishan locale. The remaining lease of 47 years remains a critical factor, as it indicates a balance between long-term habitation potential and the gradual depreciation of the leasehold period.

The model's high confidence level is derived from an analysis of 21 recent HDB resale transactions in the immediate vicinity, underscoring a consistent trend of strong price performance relative to similar properties. The elevated valuation not only highlights the desirability of Bishan as a residential hub but also reflects underlying market dynamics that favor properties with prime locations and sufficient amenities. As urban development continues and the community matures, this HDB unit stands as a compelling option for prospective buyers looking to invest in a thriving neighborhood.