5 Room (5I) HDB for Sale in 149 Yishun Street 11

The valuation of the HDB 5-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $567,299, translating to a price per square foot (PSF) of $436. This valuation is indicative of a robust demand in the region, as it reflects a 7.5% premium over the baseline market value. This upward adjustment signals a noteworthy market dynamic, suggesting that prospective buyers are willing to pay more for this property, likely due to its strategic location and community amenities that Yishun offers.

With a model confidence rating categorized as high, the valuation draws upon a comprehensive analysis of 155 recent HDB resale transactions within the vicinity. The data underscores a resilient market trend, highlighting the appeal of Yishun as a desirable residential area. As the remaining lease stands at 57 years, it is essential for potential buyers to consider the implications of leasehold properties in Singapore, where the lease duration can significantly impact future resale potential and market liquidity. Overall, the strength of this valuation not only reflects current market conditions but also positions the property as a competitive option for discerning buyers seeking value in a thriving neighborhood.