3 Room (3NG) HDB for Sale in 122 Yishun Street 11

The valuation of the 3-room HDB property in Yishun, with a remaining lease of 57 years, stands at an estimated value of $348,792, translating to a price per square foot (PSF) of $457. This valuation is notably above the market baseline, exhibiting a significant 26.1% premium. Such a deviation indicates strong demand in the Yishun area, which may be attributed to several factors, including infrastructure developments and improved amenities that enhance the overall living experience.

However, it is essential to highlight that the model confidence for this valuation is categorized as low, suggesting that the estimation should be approached with caution. The analysis is based on three recent HDB resale transactions within the vicinity, providing a limited data pool that may not fully encapsulate the prevailing market dynamics. As the remaining lease is a critical factor in HDB valuations, potential buyers should weigh the implications of a 57-year lease against market trends and their long-term investment horizon.