5 Room (5I) HDB for Sale in 161 Yishun Street 11

The valuation of the HDB 5 Room unit located in Yishun, with a remaining lease of 57 years, stands at an estimated value of $560,068, translating to approximately $400 per square foot. This valuation indicates an above-market position, reflecting a 21.4% premium compared to baseline market expectations. Such a variance suggests a strong demand for properties in this locality, potentially driven by factors such as improved accessibility, community development initiatives, and amenities in close proximity.

However, it is essential to note that the confidence in this model is classified as low, primarily due to the limited data set, which is based on only one recent HDB resale transaction within the vicinity. This scarcity of comparable sales could imply volatility in pricing and may not accurately represent the broader market trends. Investors and potential buyers should consider the implications of the remaining lease on long-term value appreciation, alongside the prevailing market dynamics in Yishun, which may influence future resale opportunities.