5 Room (5I) HDB for Sale in 816 Yishun Street 81

The valuation of the 5-room HDB in Yishun, with a remaining lease of 60 years, stands at an estimated value of $587,433, translating to a price per square foot (PSF) of $447. This valuation is notably positioned above the market baseline, reflecting a significant 26% premium. Such an elevated market signal suggests a robust demand for properties in this region, underscored by the competitive nature of recent transactions.

Analyzing the dynamics of the Yishun HDB market, the high model confidence level, supported by 222 recent resale transactions in the vicinity, indicates a strong foundation for this valuation. Factors contributing to this premium include the area's strategic location, accessibility to amenities, and the overall desirability of HDB living in Yishun. As the remaining lease remains substantial at 60 years, buyers are likely to perceive this property as a long-term investment, further driving its market value above the baseline.