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, translating to a price per square foot (PSF) of $704. This assessment is grounded in a robust analysis of 72 recent HDB resale transactions within the vicinity, underscoring a high degree of model confidence. The market signal indicates a 0% difference from the baseline, suggesting that the property is priced in alignment with current market dynamics, reflecting stability in this sought-after locale.

Bishan has long been recognized as a premium residential area in Singapore, characterized by its strategic location and comprehensive amenities. The remaining lease of 66 years provides a significant window for homeowners, ensuring a balance between investment potential and residential longevity. Given the current market environment, where demand for HDB properties remains resilient, this valuation positions the unit favorably amidst comparable listings, indicating a well-calibrated pricing strategy that caters to both prospective buyers and investors.