3 Room (3NG) HDB for Sale in 160 Yishun Street 11

The valuation of the HDB 3 Room property in Yishun, with a remaining lease of 57 years, stands at an estimated value of $382,409, translating to a price per square foot (PSF) of $531. This valuation is notably above the market baseline, reflecting a significant 22.4% premium. Such a deviation indicates a potential disparity in demand and supply dynamics within the Yishun precinct, suggesting that this property may possess unique characteristics or appeal that justifies its elevated pricing.

However, the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction available for analysis in the vicinity. This scarcity of transactional data may result in volatility and uncertainty in the valuation, emphasizing the need for prospective buyers and investors to conduct thorough due diligence. In the context of Singapore's evolving HDB market, where lease tenure remains a critical factor, the remaining lease of 57 years could impact future resale value and investment potential, particularly as the property approaches the 40-year mark, a commonly scrutinized threshold in HDB valuations.