5 Room (5I) HDB for Sale in 159 Yishun Street 11

The HDB 5-room property located in Yishun, with a remaining lease of 57 years, is currently estimated at a value of $538,466, translating to a price per square foot (PSF) of $414. This valuation indicates a significant market signal, as it stands approximately 19.8% above the baseline. Such a premium suggests a robust demand for HDB properties in this district, driven by factors such as proximity to amenities, transport links, and the overall desirability of the Yishun area.

However, it is important to note that the confidence in this valuation model is classified as low, primarily due to the reliance on a limited data set, with only one recent HDB resale transaction in the vicinity informing this assessment. This lack of comprehensive market data may introduce variability in the valuation, necessitating careful consideration of external market conditions and trends. As the remaining lease period is a critical determinant of HDB value, potential buyers should weigh the implications of a 57-year lease against the broader landscape of property tenure and market dynamics in Singapore.