3 Room (3S) HDB for Sale in 701 Yishun Avenue 5

The valuation of the HDB 3-room property in Yishun, with a remaining lease of 57 years, stands at an estimated value of $360,208, translating to a price per square foot (PSF) of $500. This valuation positions the property above the market average by 16%, indicating a robust demand in the Yishun area and reflecting positive market dynamics. Such an elevated valuation suggests strong buyer confidence, likely driven by the region's growing amenities and connectivity, which are pivotal in influencing residential property values in Singapore.

With a model confidence rating categorized as high, this valuation is supported by a comprehensive analysis of 491 recent HDB resale transactions within the vicinity. This substantial dataset provides a solid foundation for understanding local market trends and buyer behavior. The remaining lease of 57 years is a critical factor in assessing long-term investment potential, as properties with sufficient lease tenure continue to attract interest from both owner-occupiers and investors alike. As Yishun continues to develop and evolve, this HDB unit stands to benefit from ongoing improvements in infrastructure and community amenities, further solidifying its value proposition in the competitive Singapore real estate landscape.