4 Room (4NG) HDB for Sale in 231 Yishun Street 21

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $455,798, translating to a price per square foot (PSF) of $432. This valuation positions the property above the market average, reflecting a significant premium of 26.2% over the baseline. Such a pronounced deviation from typical market prices suggests a strong demand for HDB properties in this region, which is likely fueled by several factors including strategic location, accessibility, and local amenities.

Analysis based on 178 recent HDB resale transactions in the vicinity indicates a high level of confidence in this valuation model. The robust demand for housing in Yishun contributes to the elevated pricing, as buyers are increasingly attracted to the neighborhood for its community living and growing infrastructure. Furthermore, the remaining lease of 57 years remains favorable, as it falls within a range that still appeals to prospective homeowners and investors alike. Overall, this valuation not only reflects the current market dynamics but also highlights the inherent value of well-located HDB properties in a thriving market like Yishun.