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

The valuation of the HDB 3 Room property located in Yishun, with a remaining lease of 57 years, stands at an estimated value of $359,129, translating to a price per square foot (PSF) of $498. This valuation reflects a market signal that is notably above the baseline by 18.3%, indicating a robust demand relative to recent market trends. Such a premium suggests strong buyer interest in the Yishun area, potentially fueled by its strategic connectivity and local amenities, which continue to enhance the desirability of HDB living in this district.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to volatility in pricing, making it essential for prospective buyers and investors to conduct thorough due diligence. As the remaining lease diminishes, market dynamics may shift, influencing future valuations and investment decisions in this segment of the HDB market.