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

The valuation of the HDB 3-room unit 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 assessment indicates a market signal that is significantly above the baseline, showcasing a 22.4% premium. Such a discrepancy suggests a robust demand for this property type in the Yishun area, driven by its strategic location and the amenities available to residents.

However, it is essential to note the model confidence associated with this valuation is categorized as low, primarily due to the limited data set available—only one recent HDB resale transaction in the vicinity has been recorded. This scarcity of comparable sales may introduce volatility into the valuation, highlighting the necessity for potential buyers and investors to consider the broader market dynamics and future lease implications. As the remaining lease diminishes, the property’s value will be subject to market fluctuations influenced by external factors such as urban development plans and demographic shifts in the region.