2 Room (2A) HDB for Sale in 424A Yishun Avenue 11

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 87 years, stands at an estimated value of $367,717, translating to a price per square foot (PSF) of $727. This figure reflects a modest deviation of 2% from the baseline market price, indicating a relatively stable valuation amidst the dynamic real estate landscape in Singapore. The proximity to recent resale transactions, which encompass seven comparable units in the vicinity, provides a foundational basis for this assessment, albeit with a model confidence rated as low due to potential variances in local market conditions.

It is essential to consider the implications of the remaining lease on the valuation. With 87 years left, the leasehold nature of HDB properties continues to play a critical role in the pricing dynamics, as potential buyers often exhibit caution regarding the diminishing tenure. Additionally, Yishun's evolving infrastructure and community amenities may influence demand, thereby impacting future resale values. As such, this HDB unit's valuation encapsulates both the current market sentiments and the broader economic factors that shape buyer perceptions in a rapidly changing environment.