4 Room (4NG) HDB for Sale in 122 Yishun Street 11

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $416,769, translating to $416 PSF. This pricing positions the property significantly above the market average, with a notable 18.8% premium compared to the baseline valuation. Such a discrepancy signals a strong demand for HDB properties in this region, despite the relatively shorter remaining lease compared to the average leasehold properties in Singapore.

However, it is essential to approach this valuation with caution, as it is based on only one recent HDB resale transaction in the vicinity, leading to a low model confidence. The dynamics of the Yishun real estate market may be influenced by various factors including local developments, transport connectivity, and demographic shifts. As the remaining lease diminishes, potential buyers should weigh the implications on future resale value and demand, particularly in an evolving market environment where leasehold properties are increasingly scrutinized by discerning investors.