3 Room (3A) HDB for Sale in 801 Yishun Ring Road

The valuation of the 3-room HDB unit located in Yishun, with a remaining lease of 58 years, stands at an estimated value of $394,438, translating to an impressive $524 per square foot. This valuation places the property significantly above the market baseline, reflecting a 20.4% premium compared to similar properties within the vicinity. Such a price point suggests a strong demand in the Yishun area, driven by an array of factors including its strategic location, accessibility, and the surrounding amenities that appeal to both young families and retirees alike.

Moreover, this valuation is supported by high model confidence, derived from an analysis of 490 recent HDB resale transactions in the region. The robust data set reinforces the stability of the market dynamics at play, indicating that buyers are willing to invest at elevated price levels for properties that offer advantageous lease terms and community features. Given the remaining lease of 58 years, this property not only represents a tangible investment opportunity but also positions itself as a desirable home in a thriving neighborhood, ensuring long-term value retention for prospective buyers.