5 Room (5I) HDB for Sale in 302 Yishun Central

The current valuation for the 5-room HDB unit located in Yishun, standing at approximately $583,108 or $444 per square foot (PSF), indicates a notable market signal that is 20.9% above the baseline. This premium pricing can be attributed to several factors, including the strategic location of Yishun, which has seen a surge in demand due to its evolving infrastructure and accessibility. The remaining lease of 60 years, while not uncommon for HDB properties, adds a layer of consideration for potential buyers who may weigh the implications of lease duration on long-term investment value.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity to support this estimate. Such a low confidence level suggests that while the property may be perceived as overvalued relative to the market, the scarcity of comparable sales can lead to volatility in pricing perceptions. As the Yishun area continues to develop, it will be crucial for stakeholders to monitor emerging trends and transactional data that could influence future valuations and market dynamics.