4 Room (4I) HDB for Rent in 83 Whampoa Drive

The valuation of the 4-room HDB property in Bishan, with a remaining lease of 46 years, stands at an estimated value of $332,150, translating to a price per square foot (PSF) of $339. This assessment is based on a thorough analysis of recent market transactions in the vicinity, specifically referencing nine comparable HDB resale transactions. The current market signal indicates a stability in pricing, with a 0% difference from the baseline, suggesting that the property is well-aligned with prevailing market conditions.

In the context of Singapore's dynamic real estate landscape, the remaining lease period plays a significant role in influencing buyer sentiment and investment potential. With 46 years remaining on the lease, prospective buyers may weigh the longevity of their investment against the backdrop of Bishan's strategic location and amenities. The model confidence level is categorized as medium, which highlights the need for potential investors to consider external market factors and trends. As the HDB market continues to evolve, this valuation underscores the importance of a comprehensive understanding of lease duration and market dynamics in shaping property value.