4 Room (4S) HDB for Sale in 167 Yishun Ring Road

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 59 years, stands at an estimated value of $378,201, translating to a price per square foot (PSF) of $418. This valuation is notably positioned 18.7% above the baseline market value, which indicates a strong market signal suggesting that this property is currently commanding a premium. Such a discrepancy often reflects the unique attributes of the unit or the surrounding area, which may be contributing to heightened demand among potential buyers.

However, it is essential to consider the model confidence level, which is rated as low due to reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity. This scarcity of comparable sales can lead to fluctuations in perceived value and may not fully encapsulate the market dynamics at play. Given the remaining lease of 59 years, prospective buyers should also factor in the implications of leasehold properties, particularly as they approach the end of their lease term. The interplay of these elements—premium pricing, limited market data, and lease duration—creates a complex landscape for valuation, warranting careful consideration from both buyers and investors alike.