5 Room (5I) HDB for Sale in 240 Yishun Ring Road

The valuation for the 5-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $504,536, translating to a price per square foot (PSF) of $388. This figure is notably above the market baseline, exhibiting a substantial 38.7% difference, which raises important considerations regarding the local market dynamics and the property’s intrinsic value.

Despite the appealing valuation, it is critical to note that the model confidence is rated as low, primarily due to the limited data set, with only two recent HDB resale transactions in the vicinity serving as comparables. This scarcity of transaction data may indicate volatility in buyer sentiment or fluctuating demand within the Yishun area. The remaining lease of 57 years further complicates the valuation, as properties with shorter leases typically face diminishing interest from potential buyers, influencing future resale potential and marketability.