Common Room (HDB) for Rent in 74 Whampoa Drive

The valuation of the 3-room HDB unit in Bishan, with a remaining lease of 47 years, stands at an estimated value of $245,877, translating to approximately $346 per square foot. This valuation reflects a strategic equilibrium in the current market, as it shows a 0% difference from the baseline price. Such stability indicates a balanced demand and supply scenario in this coveted residential enclave, which is renowned for its excellent connectivity and proximity to amenities.

Our analysis is underpinned by a robust dataset comprising 21 recent HDB resale transactions in the vicinity, contributing to a high model confidence level in this valuation. The consistent pricing signals suggest that buyers are valuing the property in alignment with comparable sales, reinforcing the notion that Bishan remains a desirable location despite potential fluctuations in the broader market. The continuation of the 47-year lease offers potential buyers a significant window of opportunity for investment while maintaining access to a vibrant community, making this property an attractive proposition in today’s real estate landscape.