4 Room (4A) HDB for Sale in 478C Yishun Street 44

The valuation of the HDB 4-room unit located in Yishun, with a remaining lease of 92 years, reflects a current estimated value of $582,720, translating to approximately $582 per square foot. This valuation denotes an above-market status, with a notable 6.1% premium compared to the baseline value for similar properties in the area. Such a premium can be attributed to various factors, including the unit’s strategic location, proximity to amenities, and overall demand dynamics within the Yishun precinct.

However, it is important to note that the model confidence in this valuation is categorized as low, primarily due to the reliance on a limited data set, with only one recent HDB resale transaction in the vicinity serving as a reference point. This scarcity of comparative sales may introduce variability in market interpretation and could lead to potential adjustments in future valuations as more data becomes available. The remaining lease of 92 years also plays a critical role in influencing buyer sentiment, as it assures prospective homeowners of long-term occupancy while maintaining a balance with the diminishing leasehold aspect typical of HDB properties.