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

This valuation report pertains to a 5-room HDB unit located in Yishun, which boasts a remaining lease of 89 years. The estimated market value of this property stands at $720,890, equating to $593 PSF. Notably, this value is positioned 13.7% above the baseline, indicating a robust demand within the Yishun area, which has been corroborated by recent market trends. Such a premium valuation signals not only the desirability of the unit but also reflects the unique characteristics of the Yishun precinct, which has been undergoing significant developmental changes and enhancements in infrastructure.

The model confidence for this valuation is classified as high, derived from a comprehensive analysis of 495 recent HDB resale transactions within the vicinity. This substantial dataset provides a reliable foundation for the valuation, ensuring that the estimated value accurately reflects current market dynamics. The strong performance of this property, coupled with its favorable lease term, positions it as a compelling investment opportunity for potential buyers looking to secure a residence in one of Singapore's evolving neighborhoods.