4 Room (4S) HDB for Sale in 275 Yishun Street 22

This valuation report analyzes a 4-room HDB flat located in Yishun, which possesses a remaining lease of 57 years. The estimated value of this property is set at $385,218, translating to $426 per square foot (PSF). Notably, this valuation is positioned significantly above the market baseline, indicating a 23.3% premium compared to similar properties in the area. This suggests heightened demand or specific desirability factors that may not be immediately apparent from the broader market trends.

However, it is essential to acknowledge the low confidence level of this model, which stems from a limited dataset of only three recent HDB resale transactions in the vicinity. Such a small sample size can lead to variability in valuation accuracy, particularly in a market as dynamic as Singapore's. Prospective buyers and investors should consider the remaining lease period of 57 years, as it may impact financing options and resale potential over time. As the market for HDB properties continues to evolve, it is crucial to remain vigilant of local developments and demand shifts that could further influence property values in Yishun.