3 Room (3I) HDB for Sale in 82 Whampoa Drive

The HDB 3-room property located in the highly sought-after Bishan district has been appraised at an estimated value of $240,646, translating to a price per square foot of $339. This valuation is indicative of a significant market signal, with the property priced above the baseline by 61.2%. Such a premium suggests a robust demand for HDB units in this locale, reflecting the desirability of Bishan as a residential hub, characterized by its strategic location, excellent connectivity, and an abundance of amenities.

With a remaining lease of 46 years, the property still holds considerable potential for appreciation, given the current market dynamics. The high model confidence, supported by analysis of 21 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. Buyers and investors should consider the long-term implications of lease expiry in relation to market trends, as properties with shorter leases often experience depreciation. However, the current valuation indicates a strong buyer sentiment in Bishan, which may mitigate concerns over lease duration and suggest a sustained interest in the area.