3-Room HDB for Room Rent: 118 Yishun Ring Road

The valuation of the HDB 3-room unit located in Yishun, with a remaining lease of 55 years, stands at an estimated value of $70,961, translating to a price per square foot (PSF) of $473. This pricing reflects a market signal that is remarkably stable, showing a 0% difference from the baseline. Such stability indicates a balanced supply and demand scenario within the Yishun HDB market, affirming the unit's valuation amidst economic fluctuations.

Our analysis is underpinned by data from 490 recent HDB resale transactions in the vicinity, lending a high degree of model confidence to this valuation. The longevity of the remaining lease, coupled with the consistent demand for HDB properties in Yishun, positions this unit as a viable investment for both first-time buyers and seasoned investors. As the market dynamics continue to evolve, this area remains a focal point for potential growth, driven by its accessibility and community amenities, further solidifying the attractiveness of HDB living in Singapore.