5 Room (5A) HDB for Sale in 115 Whampoa Road

The valuation of the HDB 5-room unit in Bishan, with a remaining lease of 45 years, stands at an estimated value of $684,665, translating to a price per square foot (PSF) of $486. This valuation is notably above the market baseline, reflecting a significant 28.4% premium compared to other transactions within the area. Such a deviation indicates robust demand and desirability for HDB properties in this sought-after locality, which is characterized by its strategic location, excellent connectivity, and proximity to amenities.

The model confidence for this valuation is rated as high, bolstered by the analysis of 380 recent HDB resale transactions in Bishan. This substantial dataset provides a reliable foundation for understanding current market dynamics, which are increasingly favoring sellers in this segment. As potential buyers weigh their options, the combination of a favorable lease duration and the premium valuation underscores the competitive nature of the Bishan HDB market, making it an attractive investment opportunity for discerning purchasers.