5 Room (5I) HDB for Sale in 155 Yishun Street 11

The valuation of the HDB 5 room unit in Yishun, with a remaining lease of 57 years, has been assessed at an estimated value of $636,206, translating to a price per square foot (PSF) of $473. This valuation positions the property significantly above the market baseline, reflecting an 8.5% premium. Such a valuation indicates a strong demand for properties in this area, driven by various factors including proximity to amenities and overall market dynamics.

Our analysis, grounded in a robust dataset of 495 recent HDB resale transactions within the vicinity, demonstrates a high level of model confidence in this assessment. The above-market valuation can be attributed to the strategic location of Yishun, which is undergoing various developmental enhancements, thus appealing to both buyers and investors alike. The remaining lease of 57 years adds a layer of security for potential buyers, as properties with longer leases tend to attract higher premiums due to perceived longevity and stability in value.