5 Room (5A) HDB for Sale in 238 Yishun Ring Road

This valuation report analyses a 5-room HDB unit located in Yishun, with a remaining lease of 57 years. The estimated value stands at $508,679, translating to a price per square foot (PSF) of $391. This valuation indicates an above-market positioning, reflecting an 18% premium over the baseline value determined by recent market trends. Such a significant deviation suggests a unique set of market dynamics at play, particularly in the context of Yishun's evolving residential landscape.

While the model confidence in this valuation is classified as low, it is based on a limited dataset of just four recent HDB resale transactions in the vicinity. This constraint underscores the necessity for potential buyers and investors to exercise caution, as the limited transactional data may not fully represent the broader market conditions. Furthermore, the remaining lease of 57 years is a critical consideration, as leasehold properties generally depreciate more steeply as they approach the end of their lease. Overall, potential stakeholders should weigh this valuation against broader market signals and the longevity of the lease to make informed decisions in this competitive real estate environment.