5 Room (5I) HDB for Sale in 787 Yishun Ring Road

The valuation of the HDB 5-room unit in Yishun, with a remaining lease of 60 years, stands at an estimated value of $650,093, translating to a price per square foot (PSF) of $498. This valuation reflects a premium above the current market baseline, marked by a notable 7.7% differential. Such a valuation indicates a strong demand for properties in the Yishun area, driven by several factors including accessibility and the community’s evolving infrastructure.

The model's high confidence level is underpinned by an analysis of 495 recent HDB resale transactions within the vicinity. This extensive data set illustrates a robust market dynamic, showcasing a preference for larger unit types amidst a backdrop of a diminishing supply of HDB units with shorter remaining leases. As potential buyers gravitate towards properties that promise longevity in terms of lease tenure, the 60-year remaining lease on this unit positions it favorably for both owner-occupiers and investors seeking long-term value in their real estate portfolios.