3 Room (3NG) HDB for Sale in 205 Yishun Street 21

This valuation report highlights a three-room HDB unit located in the vibrant district of Yishun, with a remaining lease of 57 years. The estimated market value of this property stands at $370,802, translating to a competitive price of $514 per square foot. Notably, this valuation reflects a robust market signal, with the estimated value exceeding the baseline by an impressive 24.1%. This significant premium indicates a strong demand for properties in the vicinity, driven by various factors including local amenities, transportation links, and community developments.

Our confidence in this valuation is rated as high, bolstered by a comprehensive analysis of 491 recent HDB resale transactions within the area. The dynamics of the Yishun property market suggest a resilient interest in three-room configurations, particularly given the strategic positioning of the HDB unit amidst ongoing urban developments. As the remaining lease is a critical aspect influencing property valuation, prospective buyers are likely to consider the longevity and potential for appreciation associated with this unit. Overall, this valuation serves as a compelling indication of the current market trends and the strong performance of HDB properties in Yishun.