5 Room (5I) HDB for Sale in 167 Yishun Ring Road

The HDB 5 Room property located in Yishun, with a remaining lease of 59 years, has been valued at an estimated $528,114, translating to a price per square foot (PSF) of $406. This valuation positions the property significantly above the market baseline, reflecting a 25% premium. Such a discrepancy suggests a robust demand for properties in this region, potentially driven by factors such as proximity to essential amenities, transportation links, and community developments that enhance the overall living experience.

However, it is essential to note that the model confidence in this valuation is categorized as low, primarily due to the limited data set derived from only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may introduce volatility in the pricing model, making the current valuation somewhat speculative. Investors and potential buyers are advised to consider both the remaining lease period and the prevailing market trends when evaluating this property, as the dynamics of HDB resale values can be significantly influenced by broader economic conditions and buyer sentiment.