3 Room (3NG) HDB for Sale in 424C Yishun Avenue 11

In the vibrant residential landscape of Yishun, this HDB 3-room unit presents itself as a noteworthy investment opportunity, with an estimated value of $492,687 or $684 PSF. The property boasts a remaining lease of 86 years, offering prospective buyers a significant duration of tenure that is often a pivotal factor in the decision-making process for homeownership in Singapore. The extended lease period not only enhances the perceived value of the property but also positions it favorably in comparison to other units with shorter leases within the market.

Current market dynamics indicate a 1.5% difference from the baseline price, suggesting a relatively stable market condition in the vicinity. However, it is important to note that the model confidence for this valuation is classified as low, which may reflect fluctuations or variances in recent market activity. The analysis is supported by three recent HDB resale transactions in the area, indicating a cautious yet optimistic outlook. This valuation serves as an essential benchmark for potential buyers and investors seeking to navigate the complexities of the Yishun HDB market, as they weigh the implications of lease length and local market signals in their strategic property decisions.