4 Room (4NG) HDB for Sale in 223 Yishun Street 21

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $442,618, translating to a price per square foot (PSF) of $452. This valuation indicates a market signal that is notably above the baseline by 26.5%, suggesting a premium positioning in comparison to similar properties within the vicinity. Such a significant deviation from the baseline value may reflect heightened demand or unique attributes associated with this particular unit, despite the model confidence being rated as low due to the limited dataset available.

Analysis of recent resale transactions in the area reveals a competitive landscape, with only two comparable sales providing the foundation for this valuation. The remaining lease of 58 years could be a factor influencing buyer sentiment, as properties with shorter leases often experience price adjustments to reflect their remaining tenure. However, the above-market valuation may suggest that buyers are willing to overlook this aspect, potentially driven by the strategic location of Yishun and its evolving amenities, which play a critical role in the overall desirability of the property.