3 Room (3A) HDB for Sale in 128 Yishun Street 11

The valuation of the HDB 3-room unit located in Yishun, with a remaining lease of 75 years, has been estimated at $464,144, translating to a price per square foot of $583. This valuation reflects a nuanced understanding of the current market dynamics, as it is positioned within a broader context of HDB resale transactions in the vicinity. The estimated value shows a market price that is only a 0.9% difference from the baseline, indicating a stable yet cautious market sentiment in this region.

Despite the seemingly favorable valuation, it is essential to note that the model confidence is low. This suggests that while there have been three recent HDB resale transactions influencing this estimate, market fluctuations and local demand could significantly impact the actual sale price. The remaining lease of 75 years also plays a critical role, as properties with shorter leases often face depreciation concerns, which may deter potential buyers. As we continue to monitor the Yishun market, stakeholders should remain vigilant to the evolving trends and consider the implications of lease duration on property value.