5 Room (5I) HDB for Sale in 788 Yishun Avenue 2

The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 60 years, stands at an estimated value of $605,943, translating to a price per square foot (PSF) of $465. This valuation is notably above the market baseline, reflecting a significant 22.1% premium. Such a divergence from the expected market price suggests that this property may possess unique attributes or locational advantages that are driving demand, despite the inherent risks associated with a shorter lease period.

However, it is imperative to approach this valuation with caution, as the model confidence is classified as low, indicating that the analysis is based on a limited dataset of only four recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to volatility in market interpretation, emphasizing the need for potential buyers to conduct thorough due diligence. The remaining lease of 60 years introduces an additional layer of complexity, as properties with shorter leases tend to attract more scrutiny from buyers concerned about financing and future resale opportunities.