3 Room (3A) HDB for Sale in 114 Yishun Ring Road

The valuation of the HDB 3 Room property in Yishun, with a remaining lease of 56 years, stands at an estimated value of $327,846, translating to a price per square foot (PSF) of $412. This valuation reflects a significant upward market signal, being positioned 35.7% above the baseline established by recent comparable transactions. Such a premium indicates a heightened demand for properties in this locale, despite the property’s relatively reduced lease duration.

However, it is essential to note that the model confidence for this valuation is classified as low, which suggests that the data supporting this premium pricing may not be robust. This valuation is derived from a limited sample size of only six recent HDB resale transactions in the vicinity. As with any property investment, potential buyers should consider the implications of the remaining lease on long-term value appreciation and marketability, especially in a dynamic market like Singapore's, where leasehold properties can be sensitive to shifts in buyer sentiment and policy changes.