4 Room (4S) HDB for Sale in 251 Yishun Ring Road

The valuation of the HDB 4 room property in Yishun, with a remaining lease of 58 years, stands at an estimated value of $377,360, translating to a price per square foot (PSF) of $417. This figure is notably above the market baseline, reflecting a significant 21.9% premium. Such a deviation indicates a robust demand in the area, which may be driven by various factors, including the development of amenities and infrastructure improvements that enhance the overall living experience within Yishun.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only two recent HDB resale transactions in the vicinity serving as the basis for this estimate. This scarcity of comparable sales may affect the reliability of the estimated valuation, and potential buyers should exercise caution and conduct further due diligence. Additionally, with the remaining lease being 58 years, prospective investors must consider the implications of lease decay and its impact on future resale potential, particularly in a market that is increasingly sensitive to lease tenure.