4 Room (4S) HDB for Sale in 634 Yishun Street 61

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 59 years, stands at an estimated value of $423,426, translating to a price per square foot (PSF) of $468. This valuation reflects a significant premium of 29.9% above the baseline market signals, suggesting a robust demand for HDB properties in the Yishun area. Such a divergence from the baseline may indicate unique attributes of the property or favorable market conditions that are driving buyer interest, despite the relatively shorter lease term compared to new developments.

However, it is essential to note that the model confidence in this valuation is categorized as low, primarily due to the limited data set, which draws on just two recent HDB resale transactions within the vicinity. This scarcity of comparable transactions could lead to volatility in pricing and underscore the necessity for potential buyers to conduct thorough due diligence. As the HDB market continues to evolve, particularly in areas like Yishun that have been experiencing renewed interest, stakeholders should remain vigilant to the dynamics influencing property values, especially concerning leasehold considerations and the broader economic backdrop.