3 Room (3I) HDB for Sale in 93 Whampoa Drive

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $242,414, translating to a price per square foot (PSF) of $346. This valuation is notably positioned above the market baseline, with a significant 65% differential, indicating a robust demand and premium pricing in this desirable locale. Such a substantial deviation from the baseline suggests that the property not only holds intrinsic value due to its location but also reflects the broader market dynamics at play in Bishan, a suburb known for its strong amenities and connectivity.

The high model confidence level, derived from an analysis of 42 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. The data indicates a sustained interest among buyers, likely driven by factors such as proximity to educational institutions, recreational facilities, and efficient public transport options. As the Bishan area continues to develop and attract a diverse demographic, properties like this HDB unit are poised to maintain their appeal, further solidifying their value in the competitive real estate landscape of Singapore.