5 Room (5I) HDB for Sale in 507A Wellington Circle

The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 73 years, stands at an estimated value of $675,594, translating to a price per square foot (PSF) of $571. This valuation reflects a favorable market signal, categorized as a "Good Deal" with a notable 14.1% difference from the baseline, indicating a competitive pricing structure relative to other similar properties in the region.

Analysis based on 12 recent HDB resale transactions in the vicinity reveals a medium level of model confidence, suggesting that while the valuation is grounded in observable market data, fluctuations in buyer sentiment and local economic conditions could impact future pricing. The remaining lease of 73 years is a critical factor, as it provides potential buyers with a robust tenure, ensuring long-term occupancy and investment stability. As the Yishun area continues to develop with ongoing infrastructure improvements and community enhancements, the demand for residential properties, particularly HDBs, is expected to remain strong, reinforcing the attractiveness of this valuation.