4 Room (4A) HDB for Sale in 662 Yishun Avenue 4

Property Valuation Summary for HDB 4 Room in Yishun

The subject property, a four-room HDB unit in Yishun, is currently valued at $512,836, translating to approximately $458 per square foot (PSF). This valuation is notably above the market average, with a significant 36.5% premium over the baseline established for similar properties in the region. Such a deviation suggests that buyers may be willing to pay a premium for this unit, potentially due to its favorable location or unique attributes that differentiate it from comparable offerings.

However, the model confidence for this valuation has been assessed as low, primarily due to the limited dataset available, with only one recent HDB resale transaction in the vicinity serving as a comparable reference. The remaining lease of 59 years on this property also plays a crucial role in its market appeal, as leasehold properties tend to experience value fluctuations as the lease term diminishes. Therefore, while the above-market valuation might indicate strong demand or specific buyer interest, prospective investors should consider the implications of the lease duration alongside current market dynamics before making a decision.