5 Room (5A) HDB for Sale in 342A Yishun Ring Road

The valuation of the HDB 5-room unit in Yishun, with a remaining lease of 87 years, is estimated at $798,303, translating to $656 per square foot (PSF). This pricing positions the property slightly above the baseline market price, reflecting a 0.7% variance. The marginal difference indicates a stable demand for such properties in the vicinity, albeit with a noteworthy caveat: the model confidence is classified as low. This suggests that the valuation is sensitive to fluctuations in the local market conditions and may not fully capture potential volatility in pricing trends.

The valuation is supported by recent resale transactions in the area, with only two comparable sales being referenced. This limited data set raises questions regarding the robustness of the valuation, particularly in a dynamic market where various factors such as location desirability, nearby amenities, and overall economic conditions can significantly influence HDB prices. The remaining lease period of 87 years is a critical factor; while it provides a comfortable time frame for prospective buyers, it also serves as a reminder of the declining value associated with shorter leases in the long term. Therefore, potential investors should remain vigilant and consider both the immediate market signals and the broader implications of lease duration when making purchasing decisions.