Pricing to Buy or Sell: 5 Rooms HDB around Yishun Avenue 6

Pricing to Buy or Sell: 5 Rooms HDB around block 400 in Yishun

This home report provides data on 401 Yishun Avenue 6 #04-xxxx (HDB 5 Rooms). Transaction data is last updated on 18 Nov 2019 from official sources. Listing data is updated as of the moment this report is prepared. For information on the data, please see the footnotes contained within this report.
The intent of this report is to provide you with important information that will help you
A. Price Yishun Avenue 6 for buy, sell or rent
B. Compare it with other similar estates.
Please keep in mind that it is impossible to derive the undisputed value of a home solely from market data. Ultimately, each real estate transaction is unique, with the buyer and seller making the market by agreeing on a price that is mutually acceptable. Therefore, we believe home pricing is a combination of quantitative analysis and qualitative judgment. The Home Report helps you analyze the numbers, but that is only part of the pricing process. You must also use your judgment, along with that of trusted advisors, to arrive at a pricing solution that takes into consideration the market numbers and the unique characteristics of the property.

In analyzing the numbers found in the Home Report, we recommend that you follow these steps:
1. Understand the big picture. What direction are residential prices moving?
2. Identify HDB 5 Rooms estates that are similar, or comparable, to Yishun Avenue 6. Then, compare recent
sale prices.
3. Identify the prices that similar, or comparable, units within Yishun Avenue 6 sold for, in the recent past.
4. Determine a Possible Price for your unit. Then compare that price with other pricing data points identified
in the Home Report. Keep in mind market direction.
5. For renters, understand steps (1) – (4) from the rental perspective.

X-ValueTM is SRX’s estimated market value of the home. It is calculated using a computer-generated (CMA)
methodology with the most recent, relevant transactions. Use X-Value as a starting point to determine the home’s price.

What are HDB 5 Rooms prices doing in Yishun Avenue 6?

This graph shows the latest recorded monthly average PSF (Price per Square Foot) in the estate. It was calculated by taking the average PSF of resale units sold within each month.
The table below lists the monthly average PSF and monthly median price data for the last 15 months shown in the chart.

 

HDB 5 Rooms in Yishun Avenue 6 went up by 2.4% in Nov 2019. It is calculated by comparing the average PSF for the latest month (Nov 19) against the average PSF in the last 15 months. The 15-month period is illustrated in the table above

 

 

Compare Nearby Estates

 

What are the Supporting Transactions for the X-Value of 401 Yishun Avenue 6?

X-Value is SRX’s estimated market value of the home. It is calculated using a computer-generated, best practices methodology based on Comparable Market Analysis (CMA) with the most recent, relevant transactions.
The table below shows the supporting transactions that make up the X-Value of this home.
The adjustments in the table are used to match a supporting transaction to the attributes of this home after taking into account factors such as differences in size, floor levels and date of transaction. Date adjustment is done using the relevant monthly SRX Price Index for this region and property type. The index can be found at www.srx.com.sg.
Use X-Value as a starting point to determine the home’s final price.

Renting

What are the Supporting Transactions for the Rental X-Value of  Yishun Avenue 6?

Rental X-Value is SRX’s estimated market value of the home. It is calculated using a computer-generated, best
practices methodology based on Comparable Market Analysis (CMA) with the most recent, relevant transactions.
The table below shows the supporting transactions that make up the Rental X-Value of this home.
Use Rental X-Value as a starting point to determine the home’s final price for rent.
The adjustments in the table are used to match a supporting transaction to the attributes of this home after taking into account factors such as differences in size, floor levels and date of transaction. Date adjustment is done using the
relevant monthly SRX Price Index for this region and property type. The index can be found at www.srx.com.sg.

 

Source: SRX