Executive HDB for Sale in 791 Yishun Avenue 2

The subject property, an Executive HDB in Yishun with a remaining lease of 59 years, has an estimated value of $734,506, translating to a price per square foot of $477. This valuation positions the property notably above the market baseline, with a significant 22.5% premium that indicates a strong demand relative to recent sales in the vicinity. Such a premium suggests that buyers may be willing to pay more for the unique features and location advantages that this Executive HDB unit offers.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set drawn from only two recent HDB resale transactions in the area. This scarcity of comparable sales may indicate volatility or a lack of consistent market trends in Yishun, which could affect the reliability of the valuation. Prospective buyers should therefore exercise caution and consider broader market dynamics, including lease duration implications and local demand-supply factors, when assessing this property’s potential investment value.