4 Room (4A) HDB for Sale in 627 Yishun Street 61

The valuation of the HDB 4 room property in Yishun, with a remaining lease of 59 years, reflects a notable market signal categorized as above market. Priced at an estimated value of $524,601, translating to $473 PSF, this property presents a significant premium of 27.3% over the baseline valuation. This elevated pricing may be attributed to various factors including the ongoing demand for HDB units in Yishun, a region that has witnessed substantial infrastructural developments and community enhancements, making it an attractive option for both first-time buyers and investors.

However, it is important to note that the model confidence for this valuation is classified as low, which indicates a degree of uncertainty surrounding the accuracy of this estimate. This is primarily based on a limited dataset, as the analysis draws from only two recent HDB resale transactions in the vicinity. Such a basis may not fully capture the broader market dynamics at play, including fluctuations in buyer sentiment and changing economic conditions that could influence future valuations. As such, potential buyers are advised to conduct thorough due diligence and consider the implications of the remaining lease on long-term investment viability.