4 Room (4NG) HDB for Sale in 123 Yishun Street 11

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $435,196, translating to $435 PSF. This valuation is notably positioned 17.2% above the market baseline, indicating a robust demand for HDB properties in the Yishun area. Such a premium reflects a combination of desirable location attributes and the ongoing interest in HDB resale transactions, as evidenced by the analysis derived from 166 recent HDB resale transactions in the vicinity.

This elevated valuation signals a significant market dynamic where buyers are willing to invest beyond the baseline due to factors such as proximity to amenities, transportation links, and the overall growth trajectory of Yishun. The model confidence level is categorized as high, reinforcing the reliability of this valuation amidst the evolving real estate landscape in Singapore. As the remaining lease period stands at 57 years, it is critical for potential buyers to consider the implications of lease decay as they assess the long-term investment potential of this property.