3 Room (3S) HDB for Sale in 171 Yishun Avenue 7

The valuation of this HDB 3 Room property located in Yishun, with a remaining lease of 59 years, stands at an estimated value of $356,646, translating to a price per square foot (PSF) of $518. This valuation is notably positioned above the market average, reflecting a significant 31.2% difference from the baseline established by recent comparative analyses. Such a premium valuation is indicative of heightened demand within the vicinity, as evidenced by the robust activity in the HDB resale market.

The model confidence for this valuation is categorized as high, a conclusion supported by the examination of 490 recent HDB resale transactions in Yishun. This substantial dataset not only underscores the reliability of the valuation but also highlights the prevailing market dynamics that favor sellers in this region. The remaining lease term of 59 years is a critical factor influencing buyer sentiment, as properties with longer leases tend to attract a premium. The current economic landscape, coupled with the ongoing urban development in Yishun, further enhances the attractiveness of this property, solidifying its above-market valuation.