3 Room (3NG) HDB for Sale in 160 Yishun Street 11

The valuation of the 3-room HDB property located in Yishun, with a remaining lease of 57 years, has been estimated at $371,096, translating to a price per square foot (PSF) of $515. This valuation places the property significantly above the market baseline, reflecting a robust 21.3% differential. Such a premium suggests a strong demand for housing in this region, driven by factors such as the area's accessibility, local amenities, and community development plans.

The high model confidence rating of High is supported by a comprehensive analysis of 490 recent HDB resale transactions in the vicinity, indicating a stable and active market environment. The remaining lease period of 57 years is a critical factor in the valuation, as properties with longer leases tend to attract more interest from buyers, particularly young families and first-time homeowners. As Yishun continues to evolve as a desirable residential area, we anticipate sustained interest in such properties, thereby reinforcing their market value in the long term.