5 Room (5I) HDB for Sale in 589B Montreal Drive

The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 74 years, stands at an estimated value of $685,668, translating to a price per square foot (PSF) of $579. This valuation is indicative of a competitive market positioning, with a notable 8.1% difference from the baseline, classifying it as a good deal within the current market landscape. The assessment is grounded in an analysis of 11 recent HDB resale transactions within the vicinity, providing a robust framework for this valuation.

Factors contributing to the property's valuation include its strategic location in Yishun, an area known for its family-friendly amenities and accessibility. With a remaining lease of 74 years, the unit maintains a healthy leasehold lifespan, which is essential for prospective buyers considering long-term investment potential. The medium confidence level in this model's valuation reflects the inherent variability in the market, yet it remains a compelling opportunity for both homebuyers and investors seeking value in the HDB sector.