3-Room HDB for Room Rent: 34 Whampoa West

The valuation of the HDB 3-room unit in Bishan, with a remaining lease of 44 years, reveals a current estimated value of $40,048, translating to a price per square foot (PSF) of $334. This valuation aligns with the market baseline, indicating a stable demand for HDB properties in this highly sought-after district. The consistent price point suggests that the property is competitively positioned within the market, reflecting the enduring desirability of Bishan as a residential area.

Our analysis, based on 21 recent resale transactions in the vicinity, demonstrates a robust market signal with a 0% difference from the baseline. This stability is indicative of a balanced market where supply and demand are in equilibrium. Given the high model confidence, investors and potential homeowners can be assured of the reliability of this valuation. The remaining lease of 44 years also plays a crucial role in the property’s appeal, as it offers a significant duration for occupancy and investment potential, aligning well with the long-term residential aspirations of buyers in Singapore.