4 Room (4A) HDB for Sale in 655 Yishun Avenue 4

The valuation of the HDB 4 Room unit in Yishun, with a remaining lease of 59 years, stands at an estimated value of $501,664, translating to $448 per square foot. This valuation positions the property significantly above the baseline market value by 14.6%, reflecting a robust demand in the Yishun area despite the diminishing leasehold period. This premium could be indicative of specific localised market dynamics that favour this property type, potentially driven by factors such as accessibility, community amenities, and overall neighborhood desirability.

However, it is crucial to note the model confidence is rated as low, attributed to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may result in fluctuations in perceived value and necessitates caution for prospective buyers and investors. As the market continues to evolve, understanding the implications of lease duration on property value will be paramount, particularly in areas like Yishun where modern developments and infrastructural enhancements could further influence the market landscape in the coming years.