3 Room (3A) HDB for Sale in 621 Yishun Ring Road

The valuation of the HDB 3 Room property in Yishun, with a remaining lease of 59 years, stands at an estimated value of $399,201, translating to a price per square foot of $508. This valuation is particularly noteworthy as it reflects a market signal that is positioned 25.3% above the baseline, indicating strong demand and value appreciation in the area. Such a significant deviation from the baseline suggests that buyers are willing to pay a premium for properties in this vicinity, driven by factors such as accessibility, amenities, and the overall appeal of the Yishun neighborhood.

Our analysis is underpinned by a robust dataset, incorporating insights from 368 recent HDB resale transactions in the locale, which reinforces the high model confidence associated with this valuation. The remaining lease of 59 years is a crucial component in the valuation process, as it balances the anticipated longevity of the property against market expectations. As demand for HDB properties continues to evolve in Singapore, particularly in desirable locations like Yishun, this valuation serves as an indicative marker of the current market dynamics and future trends in the residential real estate sector.