3 Room (3NG) HDB for Sale in 702 Yishun Avenue 5

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $332,142, translating to a price per square foot of $461. This valuation reflects a notable market signal indicating that the property is priced above the typical market baseline, with a significant 34% variance. Such a premium suggests a compelling market dynamic at play, potentially influenced by specific locality factors, buyer sentiment, and demand for HDB units in the Yishun area.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to volatility in price assessments and signals that potential buyers should proceed with caution. As the landscape of HDB transactions continues to evolve, the remaining lease on this property will play a crucial role in its long-term value retention and desirability, particularly in a market that is increasingly discerning towards the longevity of leasehold properties.