3 Room (3NG) HDB for Sale in 739 Yishun Avenue 5

The valuation of the HDB 3-room property in Yishun, with a remaining lease of 58 years, stands at an estimated value of $391,398, translating to a price per square foot (PSF) of $543. This valuation is notably above the market baseline, reflecting a significant 17.5% premium compared to similar properties in the vicinity. Such a divergence from the baseline suggests a robust demand for HDB units in this area, potentially driven by local amenities, transport links, and community features that enhance the desirability of living in Yishun.

However, it is essential to note that the model confidence for this valuation is classified as low, indicating that the estimate is based on a limited dataset of only two recent resale transactions in the area. This scarcity of data may affect the reliability of the valuation, as market dynamics can fluctuate significantly with varying transaction volumes. Prospective buyers and investors should consider these factors carefully, particularly in relation to the property’s remaining lease, which, while still substantial, may influence future resale value and market sentiment as the lease term diminishes.