5 Room (5I) HDB for Sale in 104 Whampoa Drive

The valuation of the HDB 5 Room unit in Bishan, with a remaining lease of 70 years, stands at an estimated value of $1,050,693, translating to a price per square foot (PSF) of $820. This valuation has been derived from an extensive analysis of 20 recent HDB resale transactions within the vicinity, providing a robust foundation for our market assessment. The current market dynamics indicate a favorable position for this listing, with a noted 6.7% difference from the baseline valuation, categorizing it as a Good Deal for potential buyers.

The Bishan area remains an attractive locale for HDB buyers, primarily due to its strategic location and development potential. The 70-year remaining lease on this property offers a significant window for capital appreciation, particularly in a market where leasehold durations are increasingly becoming a critical consideration for prospective homeowners. Given the model's high confidence level, stakeholders can expect this valuation to reflect both current market trends and the underlying fundamentals of the Bishan district, which is known for its accessibility, amenities, and strong community vibe.