3 Room (3NG) HDB for Sale in 148 Yishun Street 11

The valuation of this 3-room HDB property located in Yishun, with a remaining lease of 57 years, stands at an estimated value of $366,383, translating to a price per square foot (PSF) of $508. Notably, this valuation is positioned above the market average, indicating a significant premium of 22.8% compared to the baseline. Such a premium suggests that the property may possess unique attributes or desirability factors that are not fully accounted for in the general market trends.

However, it is important to note that the model confidence for this valuation is categorized as low, reflecting potential volatility in the HDB resale market, influenced by factors such as recent transaction trends and the overall economic climate. The analysis is based on only three recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of the market dynamics. Investors and buyers should consider these elements when assessing the potential for future appreciation, particularly in relation to the remaining lease length and the evolving landscape of Yishun as a residential area.