3 Room (3I) HDB for Sale in 74 Whampoa Drive

The valuation of the 3-room HDB unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $240,646, translating to $339 PSF. This valuation significantly exceeds the baseline market level by 76.6%, indicating a robust demand and a premium positioning of this property within the current market landscape. Such a notable deviation from baseline values suggests that buyers are willing to pay a premium for properties in this desirable locale, which is characterized by its excellent connectivity and amenities.

Our analysis, grounded in extensive research of 21 recent HDB resale transactions in the vicinity, reflects a high model confidence in the valuation. The sustained interest in Bishan, coupled with the limited supply of HDB units with similar lease durations, contributes to this upward price trajectory. The 46-year remaining lease, while substantial, remains attractive to buyers considering the area’s strong market fundamentals and the potential for capital appreciation. As such, this property stands as a compelling opportunity for discerning investors looking to capitalize on the unique dynamics of the Bishan market.