4-Room HDB for Room Rent: 113 Whampoa Road

The valuation of the 4-room HDB unit in Bishan, with a remaining lease of 66 years, stands at approximately $73,531, translating to a price per square foot (PSF) of $735. This valuation reflects a market price that is in line with the baseline, indicating a stable demand in the vicinity despite external economic factors. The lack of deviation from the baseline suggests that the property retains its desirability among buyers, likely due to Bishan's strategic location and well-developed amenities.

However, it is crucial to note that the model confidence for this valuation is classified as low, which may be attributed to market fluctuations and the limited number of recent transactions—only six resale transactions were analyzed to derive this value. This limited data set can introduce variability in the valuation model, underscoring the importance of ongoing market observation and a deeper analysis of local trends. As the remaining lease period of 66 years may influence future buyer sentiment, potential investors should consider both the lease dynamics and prevailing market conditions when evaluating this property for acquisition.