5 Bed Terraced House (Landed) for Sale in The Shaughnessy

The HDB Executive apartment located in Yishun, with a remaining lease of 80 years, has been evaluated at an estimated value of $1,944,582, translating to a price per square foot (PSF) of $592. This valuation is notably above the market baseline, with a significant 20.8% premium, indicating a strong demand for properties in this area. Such a premium suggests that buyers are willing to pay a higher price for the perceived value and potential of the Yishun locale, which is increasingly becoming a sought-after residential hub.

Our analysis, grounded in data from 155 recent HDB resale transactions within the vicinity, reveals a high model confidence in this valuation. The dynamics of the local real estate market, coupled with the property's remaining lease, underscore its desirability. As the Yishun area continues to develop and improve in terms of amenities and connectivity, we anticipate that demand for HDB properties, particularly those with extended leases, will remain robust. This trend reflects a broader market shift where properties with longer remaining leases are perceived as more stable investments, further solidifying their premium valuation in the current landscape.