4 Room (4NG) HDB for Sale in 219 Yishun Street 21

The valuation of the 4-room HDB unit in Yishun, pegged at an estimated value of $474,209, reflects a significant market signal, indicating a 16% premium over the baseline value. This valuation, equating to approximately $450 per square foot (PSF), positions the property above the prevailing market rates, suggesting robust demand dynamics in the Yishun area. With a remaining lease of 58 years, this property offers potential buyers a substantial tenure, which is a critical factor influencing the valuation in the current market landscape.

The analysis is underpinned by high model confidence, derived from a comprehensive evaluation of 248 recent HDB resale transactions in the vicinity. This data provides a solid foundation for the perceived value, highlighting a trend in buyer preference for properties that offer both a balance of affordability and lease longevity. As such, this HDB unit stands out not only for its competitive pricing but also for its strategic location within a thriving residential enclave, further amplifying its appeal in an evolving market.