4 Room (4NG) HDB for Sale in 223 Yishun Street 21

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 58 years, stands at approximately $442,618, translating to a price per square foot (PSF) of $452. This figure is notably above the market baseline, reflecting a substantial 26.5% premium. Such a deviation suggests that buyers are willing to pay a premium for properties in this locality, possibly due to factors such as desirable amenities, transport links, or the overall appeal of the Yishun district.

However, it is important to approach this valuation with caution, as the model confidence is rated as low, indicating potential volatility or uncertainty in the market. The valuation is primarily informed by just two recent HDB resale transactions in the vicinity, which may not sufficiently represent broader market trends. As the remaining lease of 58 years could influence buyer interest, potential investors should consider the implications of lease decay and market dynamics when assessing the viability of this property as an investment.