3 Room (3A) HDB for Sale in 402 Yishun Ring Road

This valuation report assesses a 3-room HDB unit located in Yishun, with a remaining lease of 75 years. The estimated value has been pegged at $451,763, translating to a price per square foot (PSF) of $567. This valuation reflects a market signal indicating a 1.8% difference from the baseline, suggesting a relatively stable pricing environment for similar properties in the area. However, it is important to note that the model confidence for this valuation is categorized as low, based on a limited dataset of just four recent HDB resale transactions in the vicinity.

As the Singaporean real estate market continues to evolve, the dynamics surrounding HDB properties remain influenced by factors such as remaining lease duration, location desirability, and overall market sentiment. With 75 years left on the lease, this property possesses ample tenure, appealing to both owner-occupiers and investors alike. Nonetheless, the low confidence in the model indicates potential volatility, necessitating careful consideration of market trends and regional developments when making investment decisions in this segment.