3 Room (3NG) HDB for Sale in 121 Yishun Street 11

The valuation of the HDB 3-room unit in Yishun, with a remaining lease of 56 years, has been assessed at an estimated value of $353,888, translating to a price per square foot of $491. This valuation positions the property significantly above the market baseline, reflecting a notable 13% premium. Such a discrepancy suggests that the property benefits from unique attributes or favorable market conditions that have driven demand beyond typical expectations for similar units in the vicinity.

With a robust model confidence level categorized as high, this valuation is fortified by analysis of 491 recent HDB resale transactions in the area, which provides a solid foundation for the estimated value. The Yishun district continues to display resilience in the HDB market, supported by ongoing urban development and infrastructural enhancements that enhance its appeal. The remaining lease of 56 years is a critical factor in this valuation, as prospective buyers often weigh the longevity of the lease against their investment horizon. In this context, the above-market valuation reflects not only the intrinsic value of the property but also the strong competitive landscape prevailing in Yishun's HDB market.