4 Room (4I) HDB for Sale in 83 Whampoa Drive

The valuation of the HDB 4-room unit in Bishan, with a remaining lease of 46 years, stands at an estimated value of $330,169, translating to $337 per square foot. This valuation positions the property significantly above the market baseline, reflecting a notable 51.4% premium compared to similar transactions in the vicinity. Such a substantial deviation from the baseline indicates a strong demand for HDB units in this sought-after locale, known for its strategic connectivity and comprehensive amenities.

Recent market activity, evidenced by nine comparable HDB resale transactions, supports this valuation, albeit with a medium level of confidence. The higher-than-average valuation can be attributed to several factors: the desirability of the Bishan estate, proximity to reputable schools, and accessibility to public transportation. Additionally, the relatively long remaining lease of 46 years adds to the unit's appeal, as it offers potential buyers reassurance of longevity in their investment. As the property market continues to evolve, this valuation underscores the dynamic interplay between location desirability and lease tenure in shaping HDB pricing trends.