3-Room HDB for Room Rent: 145 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 $61,797, translating to an impressive $515 per square foot. This figure reflects a stable market price, with a 0% difference from the baseline, indicating that the property is currently positioned at equilibrium within the market spectrum. Such stability suggests that demand and supply dynamics are well-balanced in this locale, providing a solid foundation for potential investors and homeowners alike.

Our analysis, grounded in data from 490 recent HDB resale transactions in the vicinity, reveals a high model confidence level in the valuation. The enduring lease period of 57 years is a significant factor, as it augments the property’s attractiveness to prospective buyers who seek a long-term investment in a well-established neighborhood. Yishun's evolving landscape, combined with its accessibility and amenities, continues to bolster its appeal, ensuring that such properties sustain their value amidst the shifting tides of the Singapore real estate market.