3 Room (3A) HDB for Sale in 128 Yishun Street 11

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 75 years, is estimated at $457,009, translating to a price per square foot (PSF) of $574. This valuation reflects a market price that is marginally above the baseline, indicating a slight premium of 0.7%. Such a minor deviation suggests a stable demand in the Yishun area, where the HDB market is characterized by a mix of affordability and accessibility.

However, it is crucial to note that the model confidence in this valuation is classified as low, which may stem from a limited dataset of only three recent resale transactions in the vicinity. This lack of broader transactional data could impact the robustness of the valuation, emphasizing the need for cautious interpretation of the market signals. As the remaining lease of 75 years is a significant factor, prospective buyers should consider the long-term implications of lease decay on property value, particularly in a market where buyers are increasingly attentive to lease terms. The current valuation reflects a delicate balance between current market conditions and future uncertainties, necessitating informed decision-making for potential investors.