4 Room (4S) HDB for Sale in 653 Yishun Avenue 4

The valuation of the 4-room HDB property in Yishun, with a remaining lease of 60 years, stands at an estimated value of $416,516, translating to a price per square foot (PSF) of $461. This valuation indicates a market signal that is notably above the baseline, reflecting a 17.6% difference. Such a premium suggests a heightened demand for residential units in the Yishun area, potentially driven by the suburb's growing amenities and accessibility.

It is important to approach this valuation with caution, as evidenced by the low model confidence rating, which stems from the limited data drawn from only two recent HDB resale transactions in the vicinity. The dynamics of the HDB market, particularly in regions with remaining leases under 70 years, often hinge on buyer perception and the desirability of the location. As such, while this valuation indicates an optimistic outlook for potential sellers, prospective buyers should remain vigilant in assessing the sustainability of such market premiums in the context of broader economic conditions and housing trends.