115b Yishun Ring Road 762115, Yishun West, North Region, Singapore
$688,000
Blk 115B Yishun Ring Road 5-Room Flat For Sale =================================== * High Floor * Corner Unit * Unblocked View * Bright, Breezy and Spacious * Renovated, Well Maintained Condition. * Walking Distance to Chong Pang Market * Walking Distance to upcoming Chong Pang City * Short drive to upcoming North-South Corridor entrance. * Schools nearby include Ahmad Ibrahim Primary School, Jiemin Primary School, Ahmad Ibrahim Secondary School, Yishun Secondary School and Yishun Innova JC etc. * Amenities nearby include Cold Storage, Fairprice, Chong Pang Market & Food Centre, Sembawang Shopping Centre etc. Call Kane @ 8588-8856 for a non-obligatory enquiry or viewing appointment Kane Seow Your Trusted Real Estate Consultant PropNex Realty Pte Ltd Email: kaneseowkh@gmail.com CEA Reg No.: R049821E Mobile: +658588XXXX
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$685,218
S$568 psf
Asking Price
S$688,000
S$570 psf
vs Market
+0.4%
vs Last Done
+3.3%
Tenure
72 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Yishun
1022m away
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$552
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×1.029
MRT Proximity
Within 500m / 1km
0%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$568
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneNov 2024 | Blk 115B YISHUN RING RD Floor 13 TO 15 | 1,195sqft | S$660,000 | ▼S$552 -2.8% vs FV | 99yr from 2001 |
Nov 2024 | Blk 115B YISHUN RING RD Floor 13 TO 15 | 1,195sqft | S$660,000 | ▼S$552 -2.8% vs FV | 99yr from 2001 |
Blk 115B YISHUN RING RD
Nov 2024 · Floor 13 TO 15
-2.8% vs FV
Blk 115B YISHUN RING RD
Nov 2024 · Floor 13 TO 15
-2.8% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 72 years, stands at an estimated value of $685,218, translating to a price per square foot (PSF) of $568. This price point reflects a market signal that is only 0.4% away from the baseline, indicating a relatively stable market condition for HDB properties in this area. The slight deviation from the baseline suggests that the property is priced in close alignment with current market trends, providing potential buyers with a competitive yet realistic opportunity in the Yishun residential landscape.
However, it is important to note that the model confidence in this valuation is categorized as low, primarily driven by the analysis being based on only one recent HDB resale transaction in the vicinity. This limited data set may not fully encapsulate the broader market dynamics or the nuances of buyer sentiment in Yishun. As such, potential investors and homeowners should consider the implications of the remaining lease period of 72 years, which may influence future value appreciation as the lease matures. Overall, while the valuation presents a compelling opportunity, stakeholders should proceed with due diligence, taking into account the fluctuating nature of market confidence and lease longevity.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.