Executive HDB for Sale in 292 Yishun Street 22

The valuation of the HDB Executive flat in Yishun, with a remaining lease of 58 years, stands at an estimated value of $813,230, translating to $463 per square foot. This valuation is positioned significantly above the market baseline, reflecting a substantial 46.3% premium over typical market conditions in the area. Such a divergence indicates strong demand for larger HDB units, particularly in a region like Yishun, which has been increasingly attractive to families seeking spacious living accommodations.

However, it is important to note that the confidence in this valuation is classified as low, primarily due to reliance on only two recent resale transactions within the vicinity. This limited data set raises questions about the robustness of market signals, suggesting that while the current price may be reflective of heightened buyer interest, it may not be sustainable in the long term. Prospective buyers and investors should exercise caution, considering both the implications of the remaining lease duration and the volatile nature of the HDB resale market.