3 Room (3NG) HDB for Sale in 704 Yishun Avenue 5

The valuation of the HDB 3-room property in Yishun, with a remaining lease of 56 years, stands at an estimated value of $305,041, translating to a price per square foot (PSF) of $417. This valuation is notably positioned above the market baseline, reflecting a significant 47.5% differential. Such an increase indicates a robust demand for HDB units in the Yishun vicinity, particularly given the area’s evolving demographic trends and infrastructure improvements which are likely contributing to upward pricing pressures.

However, it is imperative to highlight that the model confidence for this valuation is assessed as low, based on a limited dataset of only four recent HDB resale transactions in the area. The scarcity of transactional data may suggest potential volatility and risk associated with this valuation, urging prospective buyers and investors to proceed with caution. The dynamics of the Yishun market, coupled with the remaining lease term, may influence future resale possibilities, making it essential to consider both current market conditions and long-term lease implications when evaluating this property investment.