3 Room (3NG) HDB for Sale in 208 Yishun Street 21

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 57 years, is estimated at $369,691, translating to a price per square foot (PSF) of $513. This price point is notably above the market baseline, showcasing a significant 29.8% premium over comparable properties in the area. Such a divergence from the baseline suggests heightened demand or a unique value proposition associated with this specific property, which could be influenced by local amenities, transport links, or community developments.

However, it is crucial to approach this valuation with caution as the model confidence is rated low, primarily due to the limited data pool, evidenced by only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to inaccuracies in the valuation model, emphasizing the need for further market analysis and on-ground insights. As the remaining lease decreases, the dynamics of the HDB market in Yishun will continue to evolve, and potential buyers should consider both the current valuation and future leasehold implications.