5 Room (5A) HDB for Sale in 413 Yishun Ring Road

The valuation of the HDB 5 Room unit in Yishun, with a remaining lease of 65 years, stands at an estimated value of $600,293, translating to a price per square foot (PSF) of $454. This valuation is notably above the market baseline, reflecting an 8.3% premium over comparable properties in the vicinity. Such a divergence from the market average indicates a potential overvaluation, suggesting that buyers may need to exercise caution and conduct thorough due diligence when considering this property.

The model's confidence in this valuation is categorized as low, primarily due to the limited data set from only two recent HDB resale transactions in the area. These transactions may not sufficiently represent the broader market dynamics, which can fluctuate based on various factors such as buyer sentiment, availability of comparable listings, and the inherent desirability of the Yishun locale. As such, prospective investors and homeowners should factor in the remaining lease period and current market conditions while assessing the long-term investment potential of this property.