4 Room (4S) HDB for Sale in 265 Yishun Street 22

The valuation of the HDB 4 Room property in Yishun, with a remaining lease of 58 years, stands at an estimated value of $402,187, translating to a price per square foot (PSF) of $445. This valuation indicates a significant market signal, positioning the property at an impressive 23.3% above the baseline value. Such a premium suggests robust demand in the Yishun area, reflecting a potential shift in buyer sentiment towards properties with longer leasehold tenures, despite the diminishing remaining lease.

However, it is essential to note that the model confidence associated with this valuation is classified as low, primarily due to the limited data pool from only two recent HDB resale transactions in the vicinity. This lack of comprehensive market data may impact the reliability of the valuation, necessitating a cautious approach for prospective buyers and investors. The dynamics of the Yishun real estate market, coupled with the remaining lease duration, will play a crucial role in future appreciation or depreciation trends for this property type.