3 Room (3NG) HDB for Sale in 424C Yishun Avenue 11

The valuation of the HDB 3-room property located in Yishun, with a remaining lease of 86 years, stands at an estimated value of $454,740, translating to a price per square foot (PSF) of $632. This valuation is indicative of a robust market position, reflecting a premium of 10% above the baseline market rate. Such a premium suggests heightened buyer sentiment and demand within this particular segment of the HDB market, which is underscored by the property’s competitive pricing relative to comparable units in the vicinity.

With a model confidence rating classified as high, this valuation is fortified by insights drawn from 491 recent HDB resale transactions in the Yishun area. The strong performance of this property can be attributed to several key market dynamics, including the sustained demand for HDB units amidst a backdrop of limited supply and favorable demographic trends that continue to drive interest in residential properties. The remaining lease of 86 years further enhances its appeal, making it an attractive investment for both owner-occupiers and investors alike, as it assures longevity and stability in ownership duration.