3 Room (3NG) HDB for Sale in 228 Yishun Street 21

The HDB 3-room unit located in Yishun, with a remaining lease of 57 years, has been estimated at a value of $364,803, translating to a price per square foot (PSF) of $506. This valuation indicates a significant premium over the market baseline, with a remarkable 28.3% difference. Such a deviation suggests that despite the lower remaining lease term, the property is likely positioned in a desirable segment of the market, potentially driven by local amenities, transport links, and community developments that enhance the appeal of Yishun as a residential choice.

However, it is essential to note that the model confidence for this valuation is categorized as low, which signifies a degree of uncertainty in the accuracy of the estimate. This classification stems from the analysis of only three recent HDB resale transactions in the vicinity, which may not fully encapsulate the broader market dynamics affecting Yishun. Investors and potential buyers should exercise caution and consider a comprehensive view of the local market trends, including socio-economic factors and upcoming developments, before proceeding with any investment decisions in this area.