4 Room (4A) HDB for Sale in 362 Yishun Ring Road

This valuation report focuses on a 4-room HDB unit located in the vibrant district of Yishun, which currently holds a remaining lease of 61 years. The estimated value of the property is pegged at $463,362, translating to a price per square foot (PSF) of $414. This valuation places the property in a unique position within the market, indicating a significant premium of 18.7% above the baseline, suggesting heightened demand or specific desirability factors in the locale.

Despite the attractive valuation metrics, it is essential to note that the model confidence in this assessment remains low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales data may reflect broader market dynamics, including potential fluctuations in buyer sentiment and the impact of remaining lease terms on property desirability. Investors and homeowners should consider these factors, along with the implications of the remaining lease duration, when evaluating the long-term investment potential of this property in Yishun.