4 Room (4NG) HDB for Sale in 208 Yishun Street 21

This analytical summary delves into the valuation of a four-room HDB property located in Yishun, which has a remaining lease of 57 years. The estimated market value stands at $448,873, translating to $448 per square foot. This valuation is notably positioned above the prevailing market baseline, reflecting a significant 24.8% premium. Such a disparity suggests a robust demand for properties in this locality, driven by various factors, including the area's accessibility, amenities, and community developments.

The model confidence for this valuation is categorized as high, bolstered by a comprehensive analysis of 173 recent HDB resale transactions in the vicinity. This extensive data set provides a solid foundation for the valuation, ensuring that it aligns well with current market trends and buyer sentiment. The remaining lease of 57 years is an essential consideration, as it influences buyer interest and investment potential. However, the significant premium indicates a strong appetite for HDB properties in Yishun, suggesting that buyers may be willing to overlook lease length in favor of location and property quality.