3 Room (3NG) HDB for Sale in 153 Yishun Street 11

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $372,255, translating to a price per square foot (PSF) of $516. This valuation reflects a significant premium, as it is positioned 25.7% above the baseline market value. Such a discrepancy suggests a strong demand for HDB properties in this area, driven by factors including proximity to amenities, transport links, and the overall desirability of Yishun as a residential hub.

However, it is important to note that the model confidence for this valuation is categorized as low, which indicates potential volatility in market conditions. The analysis is based on only two recent HDB resale transactions in the vicinity, limiting the robustness of the data. As the remaining lease period is a critical consideration in HDB valuations, prospective buyers should weigh the long-term implications of a 57-year lease against the current market dynamics. Investors are advised to conduct further due diligence and consider the broader economic factors that may influence future resale values in this segment.