3 Room (3A) HDB for Sale in 96 Whampoa Drive

The HDB 3-room unit located in Bishan, with a remaining lease of 47 years, has been valued at an estimated price of $496,507, translating to a price per square foot (PSF) of $507. This valuation indicates a market signal that is notably above the baseline by 13.4%, reflecting strong demand dynamics in this highly sought-after residential district. The elevated value is corroborated by extensive analysis of 111 recent HDB resale transactions within the vicinity, lending a high level of confidence to this estimate.

The robust market performance of this property can be attributed to several factors. Firstly, Bishan is recognized for its strategic location, excellent connectivity, and proximity to quality amenities, which continue to attract buyers despite the property’s remaining lease. Furthermore, the high model confidence reinforces the valuation’s validity, suggesting that potential buyers are willing to pay a premium for ownership in this desirable area. As the market evolves, the interplay of lease duration and prime location will remain pivotal in shaping future valuations in Bishan and similar neighborhoods across Singapore.