Executive HDB for Sale in 632 Yishun Street 61

The valuation of the HDB Executive property in Yishun, with a remaining lease of 60 years, stands at an estimated value of $735,704, translating to a price per square foot (PSF) of $490. This valuation is notably positioned above the market baseline, indicating an 8.7% premium compared to similar properties within the vicinity. Such a premium suggests a robust demand for HDB Executive flats in Yishun, reflecting the area's appealing attributes and the desirability of larger living spaces.

Our analysis, grounded in the examination of 140 recent HDB resale transactions in the area, establishes a high level of confidence in the model's findings. The sustained interest in Yishun, coupled with its strategic location and evolving infrastructure, underscores the potential for property appreciation even with 60 years remaining on the lease. Investors and homeowners alike should consider the long-term viability of the area, as well as the implications of leasehold properties in terms of value retention and growth as the market continues to evolve.