5-Room HDB for Room Rent: 115 Whampoa Road

The valuation of the HDB 5 Room unit in Bishan, with a remaining lease of 66 years, stands at an estimated value of $86,559, which translates to a competitive $704 per square foot (PSF). This valuation is pivotal as it reflects the current market equilibrium, with a 0% difference from the baseline, indicating that the property is priced precisely in line with market expectations. Such stability in pricing is often indicative of robust demand and supply dynamics in this sought-after residential enclave.

The high confidence level of this model, derived from an analysis of 72 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. Bishan, known for its strategic location and well-established amenities, continues to attract families and investors alike. The remaining lease, while substantial, plays a crucial role in the investment decision, as properties with longer leases tend to command a premium. As such, this analysis not only provides a snapshot of the current value but also emphasizes the long-term viability and desirability of HDB properties in Bishan amidst Singapore's evolving real estate landscape.