3 Room (3NG) HDB for Sale in 123 Yishun Street 11

The valuation of the HDB 3 Room property in Yishun, with a remaining lease of 57 years, stands at an estimated value of $439,956, translating to a price per square foot (PSF) of $505. This valuation is indicative of a 4.6% variance from the baseline market price, suggesting a subtle but noteworthy adjustment reflecting current market conditions. The low model confidence rating suggests that while the valuation is grounded in recent transactional data, the fluctuating dynamics of the local real estate market may introduce certain uncertainties.

Recent resale transactions in the vicinity provide a foundational context for this valuation, illustrating a competitive landscape that is influenced by various factors, including lease duration and unit demand. With the remaining lease term of 57 years, potential buyers may exhibit cautious interest, as the diminishing lease may affect long-term investment appeal. In summary, while the property exhibits a favorable pricing metric relative to nearby transactions, prospective buyers are advised to consider the implications of the lease duration alongside current market signals to make informed investment decisions.