4 Room (4A) HDB for Sale in 249 Yishun Avenue 9

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $507,515, translating to a price per square foot (PSF) of $449. This valuation is positioned above the market baseline by 6.2%, indicating a robust demand relative to the supply dynamics within the local HDB market. Such a premium suggests that prospective buyers may be willing to pay a higher price for the unit, potentially driven by factors such as location desirability, proximity to amenities, and the overall livability of Yishun.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited data set derived from only two recent resale transactions in the vicinity. This scarcity of transactions can lead to volatility in pricing and may not fully capture the broader market trends. Investors and homeowners should thus exercise caution, taking into account the potential for fluctuations in demand as well as the implications of the remaining lease period. As the lease diminishes, the property’s value may be affected, which is a crucial aspect for consideration in the broader context of Singapore’s HDB market dynamics.