3 Room (3A) HDB for Sale in 622 Yishun Ring Road

The valuation of the HDB 3-room property located in Yishun, with a remaining lease of 75 years, stands at an estimated value of $512,811, translating to $652 PSF. This assessment is underpinned by a comparative analysis of two recent HDB resale transactions in the vicinity, providing a snapshot of the current market dynamics. The property is currently regarded as a Good Deal, reflecting a positive market signal with a 6.4% difference from the baseline valuation, indicating potential for appreciation.

However, it is important to note that the model confidence in this valuation is assessed as Low, suggesting that while the market conditions appear favorable, there may be underlying factors that could affect the accuracy of this estimate. The remaining lease of 75 years is a critical aspect to consider, as it aligns with the demographic trends and buyer preferences in Singapore's HDB market. As the property market continues to evolve, potential buyers and investors should weigh these factors carefully to gauge the long-term viability and investment potential of this Yishun HDB unit.