3 Room (3NG) HDB for Rent in 112 Yishun Ring Road

The valuation of the HDB 3 Room unit in Yishun, with a remaining lease of 56 years, stands at an estimated value of $326,238, translating to a price per square foot (PSF) of $452. This valuation is particularly notable as it reflects a market price that is positioned at a 0% difference from the baseline, indicating a stable and balanced market sentiment within the Yishun precinct. The stability of the price suggests that demand and supply in this segment are currently aligned, creating a conducive environment for potential buyers.

However, it is crucial to highlight the model confidence associated with this valuation, which is classified as low. This is primarily due to the reliance on only one recent HDB resale transaction in the vicinity, potentially limiting the robustness of the data points available for analysis. As such, stakeholders should approach this valuation with a degree of caution and consider broader market dynamics, particularly concerning the impact of remaining lease duration on property desirability and investment potential. The remaining lease of 56 years may influence future resale opportunities, and thus, prospective buyers are encouraged to conduct comprehensive market research when evaluating this property.