3-Room HDB for Room Rent: 132 Yishun Street 11

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $24,980, translating to a price per square foot (PSF) of $500. This valuation reflects a market price that is in line with the baseline, indicating a stable demand in the area. The calculated value is grounded in a robust dataset, comprising 491 recent HDB resale transactions in the vicinity, which adds significant credibility to the findings and highlights the current market dynamics.

In the context of the broader real estate landscape, the 0% difference from the baseline suggests a balanced market sentiment, where the supply and demand for HDB properties in Yishun are in equilibrium. The high model confidence indicates a reliable projection, suggesting that prospective buyers can expect competitive pricing reflective of the area's unique characteristics. The remaining lease of 57 years is a critical factor, as it positions the property favorably in the market, appealing to both first-time buyers and seasoned investors who recognize the long-term potential of HDB living in Yishun.