4 Room (4A) HDB for Sale in 109 Whampoa Road

The valuation of the HDB 4-room unit located in Bishan, with a remaining lease of 45 years, stands at an estimated value of $534,950, equating to a price per square foot (PSF) of $487. This valuation is notably above market expectations, with a substantial 64.5% differential from the baseline, indicating a significant premium being placed on this property. Such a substantial markup highlights the desirability of Bishan as a residential locale, known for its strategic connectivity and proximity to prestigious educational institutions, enhancing its appeal to families and investors alike.

However, it is important to note that the model confidence for this valuation is classified as low, which suggests that the estimation may be influenced by external market fluctuations or limited transaction data. The analysis is based on only four recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of the current market dynamics. Given the remaining lease of 45 years, potential buyers should consider the implications of leasehold properties on long-term value retention and resale potential, particularly in a rapidly evolving market. As such, while the current valuation reflects a strong market signal, careful consideration of future leasehold depreciation and market conditions is recommended for prospective investors.