5 Room (5A) HDB for Sale in 238 Yishun Ring Road

The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $522,888, translating to $402 per square foot. This valuation is noteworthy as it indicates a market signal that is above the baseline by 14.7%. Such a premium valuation suggests a strong demand for residential properties within this region, reflecting a positive sentiment among buyers who may be drawn to the area’s amenities and accessibility.

However, it is essential to approach this valuation with caution, as the model confidence is categorized as low, based on data derived from only six recent HDB resale transactions in the vicinity. This limited dataset may not fully capture the nuances of the local market dynamics. Factors such as the overall economic climate, changes in buyer preferences, and future development plans in Yishun could significantly impact property values. Thus, while the current valuation suggests an attractive opportunity, potential investors should conduct further due diligence to assess the sustainability of this market signal in the context of the remaining lease and broader market trends.