5 Room (5I) HDB for Sale in 428B Yishun Avenue 11

The valuation of the HDB 5 Room property in Yishun, with a remaining lease of 86 years, stands at an estimated value of $693,248, translating to $575 per square foot. This valuation reflects a market price that is marginally above the baseline, characterized by a 0.7% difference, suggesting a stable yet cautious market sentiment. The property’s value is underpinned by its relatively long lease term, which enhances its appeal to potential buyers looking for longevity in their investment.

However, the model confidence for this valuation is rated as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to fluctuations in perceived value, influenced by unique property characteristics and buyer sentiment. As such, stakeholders should approach this valuation with an understanding of the broader market dynamics and potential volatility in the HDB resale market.