3 Room (3NG) HDB for Sale in 160 Yishun Street 11

The valuation of the HDB 3 Room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $370,802, translating to a price per square foot (PSF) of $514. This valuation is notably positioned above the market baseline, reflecting a 21.4% premium that signals robust demand and heightened desirability within this residential enclave. Such a market signal suggests that buyers are willing to invest significantly above average prices, which may be attributed to various factors including location, amenities, and overall market sentiment.

The high model confidence, derived from a comprehensive analysis of 491 recent HDB resale transactions in the vicinity, provides a solid foundation for this valuation. The data indicates a strong correlation between the remaining lease duration and market value, with properties boasting longer leases often commanding higher prices. As Yishun continues to evolve with ongoing infrastructural developments and community enhancements, the strategic positioning of this HDB unit further solidifies its appeal, making it an attractive option for potential homeowners and investors alike.