5 Room (5I) HDB for Sale in 505B Yishun Street 51

The valuation of the HDB 5-room unit in Yishun, with an estimated value of $755,794 (or $622 PSF), reflects a noteworthy position within the current market landscape. Notably, this valuation is assessed to be above the baseline market level by 5.8%, indicating a premium associated with the property. Such a premium may suggest heightened demand or unique characteristics of the unit that appeal to prospective buyers, despite the relatively low model confidence stemming from limited transaction data with only one recent resale transaction in the vicinity.

The remaining lease of 87 years positions this property favorably within the Singapore HDB market, as longer leases are generally more attractive to buyers, allowing for greater flexibility in future resale options. However, the low model confidence also underscores the potential volatility and uncertainty in this segment of the market, warranting cautious evaluation by investors and buyers alike. As market dynamics continue to evolve, stakeholders should remain vigilant to shifts in buyer sentiment and local developments that could further influence property values in Yishun.