5 Room (5I) HDB for Sale in 588A Montreal Drive

The valuation of the HDB 5 Room unit located in Yishun, with a remaining lease of 74 years, stands at an estimated value of $693,621, translating to a price per square foot (PSF) of $586. This valuation reflects a robust market signal, indicating a good deal with an 8.5% difference from the baseline price. Such a favorable condition suggests that potential buyers may benefit from an advantageous entry point in this segment of the residential market.

Analysing the recent market dynamics, the valuation is supported by data derived from 8 recent HDB resale transactions in the vicinity, providing a comprehensive basis for the estimated value. The medium confidence level indicates a reasonable degree of reliability in the data, though potential fluctuations in the market should be considered. With the remaining lease of 74 years, this property presents an attractive opportunity for both investors and owner-occupiers, particularly in a region like Yishun, which continues to evolve as a desirable residential enclave.