
An executive flat at 661 Yishun Avenue 4 was recently sold for $1.289 million ($662 psf). The spacious 1,948-sq ft flat is located on the 7th to 9th storey. This transactions marks the second time this year that an executive flat in Yishun has transacted for at least $1.2 million. The other flat, located at 654 Yishun Avenue 4, was sold last month for $1.28 million ($657 psf).
Located adjacent to each other, both blocks are within walking distance of Northland Primary School, Chung Cheng High School (Yishun), Yishun Park, SAFRA Yishun, and Wisteria Mall (see Map 1). However, a drawback is the lack of a nearby MRT station—the nearest, Khatib MRT Station, is almost 1 km away. Another drawback of both executive flats is their relatively short remaining lease of 66 years, as their leases commenced in 1992.
Source: EdgeProp LandLens