4 Room (4NG) HDB for Sale in 219 Yishun Street 21

The valuation of this four-room HDB in Yishun, with a remaining lease of 58 years, stands at an estimated value of $508,509, translating to a price per square foot (PSF) of $482. This valuation positions the property above the current market baseline by approximately 9.7%, indicating a robust demand for HDB units in this region despite the diminishing lease term. Such a premium suggests that buyers are willing to pay a higher price for the unique attributes this property offers, including its strategic location and community amenities.

Our analysis is grounded in a comprehensive dataset of 486 recent HDB resale transactions within the vicinity, which provides a strong foundation for this valuation. The high model confidence underscores the reliability of this assessment, reflecting current market dynamics where well-maintained properties in desirable districts continue to attract competitive interest. As the landscape of HDB ownership evolves, particularly with the implications of lease decay, this property exemplifies the potential for capital appreciation and investment yield in the Yishun area.