5 Room (5I) HDB for Sale in 509C Yishun Avenue 4

This valuation report presents an analytical overview of a 5-room HDB property located in the vibrant district of Yishun, with a remaining lease of 89 years. The estimated market value stands at $720,497, translating to a price per square foot (PSF) of $593. This valuation indicates a significant upward trend, with the property priced at a remarkable 13.8% above the baseline market value. Such a premium reflects the strong demand for HDB properties in the area, which has been bolstered by Yishun's ongoing development and enhancement of infrastructure, making it a desirable location for families and young professionals alike.

Furthermore, the model confidence for this valuation is classified as high, backed by a comprehensive analysis of 495 recent HDB resale transactions in the vicinity. This robust data set not only reinforces the credibility of the estimated value but also highlights the prevailing market dynamics that favor properties with longer lease periods. The remaining 89-year lease adds to the attractiveness of this offering, as buyers are increasingly prioritizing longevity in lease tenure when making investment decisions. In conclusion, this HDB property in Yishun represents a compelling opportunity for discerning buyers seeking to capitalize on a dynamically evolving real estate market.