3 Room (3NG) HDB for Sale in 224 Yishun Street 21

The valuation for the HDB 3-room unit in Yishun reflects a noteworthy estimated value of $359,129, translating to a price per square foot (PSF) of $498. This figure indicates a significant premium over the baseline market value, with an 18.3% increase suggesting strong demand dynamics within this locality. The remaining lease of 57 years is a critical factor in the valuation, as properties with longer leases generally command higher prices due to perceived longevity and stability in investment.

Nevertheless, it is essential to approach this valuation with caution, as the model confidence is rated low, primarily based on only two recent resale transactions in the vicinity. The limited data points may not fully represent the current market conditions or potential fluctuations in buyer sentiment. Investors and potential buyers should consider these factors along with the prevailing market signals, which indicate a robust interest in Yishun, possibly attributed to its accessibility and community amenities.