4 Room (4A) HDB for Sale in 428B Yishun Avenue 11

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 88 years, stands at an estimated value of $589,628, translating to a price per square foot (PSF) of $596. This valuation is indicative of the unit's positioning within a competitive market, with a market price reflecting only a modest 1.8% deviation from the baseline. Such a narrow margin suggests a relatively stable demand for properties in this locale, which is essential for prospective buyers and investors to note.

However, caution is warranted as the model confidence for this valuation is classified as low, underscoring potential uncertainties in the market dynamics. The valuation is derived from an analysis of seven recent HDB resale transactions in the vicinity, providing a glimpse into the local property landscape. It is crucial for stakeholders to consider the implications of the remaining lease, as properties with longer leases typically attract higher valuations due to the perceived longevity and security they offer. As the Yishun area continues to evolve, monitoring upcoming developments and infrastructure projects will be pivotal in shaping future market conditions.