3 Room (3NG) HDB for Rent in 208 Yishun Street 21

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $376,177, translating to a price per square foot (PSF) of $522. This valuation indicates a market price that aligns closely with the baseline, exhibiting a 0% difference. Such stability in price suggests a balanced demand and supply scenario in the Yishun vicinity, where recent transactions have informed this assessment.

However, it is important to note that the model confidence for this valuation is categorized as low. This is primarily due to the limited data set, relying on only two recent HDB resale transactions in the area. As the remaining lease period is a critical factor influencing valuation, potential buyers should consider the implications of a 58-year lease, which may affect future resale opportunities and financing options. As the market evolves, understanding these dynamics will be key for stakeholders seeking to navigate the complexities of the HDB landscape in Yishun.