4 Room (4A) HDB for Rent in 84 Whampoa Drive

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $84,227, equating to $337 per square foot. This valuation reflects a market price that aligns closely with the baseline, exhibiting a 0% difference, which suggests a stable demand in this highly sought-after locality. The Bishan area is renowned for its strategic location and accessibility, making it a perennial favorite among families and young professionals alike.

To derive this valuation, we analyzed recent trends from nine comparable HDB resale transactions in the vicinity. The model confidence is categorized as medium, indicating that while the data is robust, there are inherent market fluctuations that may influence future pricing dynamics. The remaining lease of 46 years represents a critical factor in the valuation, as properties with shorter leases often face a depreciation in value due to buyer hesitance. However, Bishan’s enduring allure and the limited availability of housing options in the area could mitigate this effect, potentially preserving the property's value over time.