5 Room (5I) HDB for Sale in 240 Yishun Ring Road

The valuation of the HDB 5-room property in Yishun, with a remaining lease of 57 years, stands at an estimated value of $504,536, equivalent to $388 PSF. This valuation is notably positioned above the market baseline, reflecting a substantial 30.8% premium compared to similar properties in the vicinity. Such a significant deviation from the baseline indicates heightened demand or unique attributes that may be appealing to potential buyers, despite the relatively low model confidence associated with this estimate.

It is important to contextualize this valuation within the broader market dynamics of Yishun. The analysis is supported by only two recent HDB resale transactions in the area, which may contribute to the low model confidence rating. The property’s remaining lease of 57 years, while still substantial, introduces a layer of consideration for buyers who often weigh the lease duration heavily in their decision-making process. As Yishun continues to develop and attract residents, the interplay between lease length, property age, and market demand will be critical in shaping future valuations in this evolving neighborhood.