5 Room (5A) HDB for Sale in 155 Yishun Street 11

The valuation of the HDB 5 Room unit located in Yishun, with a remaining lease of 57 years, stands at an estimated value of $616,072, translating to a price per square foot (PSF) of $473. This valuation is marked as above market, reflecting a notable 13.6% premium over the baseline price. Such an increase in value suggests a strong demand for HDB properties in this area, driven by various factors including proximity to amenities, transport links, and the overall desirability of Yishun as a residential locale.

Our model confidence in this valuation is rated high, based on a comprehensive analysis of 495 recent HDB resale transactions in the vicinity. The consistent upward pressure on prices can be attributed to a limited supply of HDB units with comparable remaining leases, coupled with the area's evolving infrastructure and community developments. Investors and homeowners alike should take note of the robust market signals indicating a healthy demand, positioning this property as a potentially lucrative investment in the current climate.