3-Room HDB for Room Rent: 145 Yishun Street 11

This analytical summary evaluates the valuation of a 3-room HDB property located in Yishun, currently assessed at an estimated value of $61,797, translating to a price per square foot (PSF) of $515. With a remaining lease of 57 years, this property stands as a representative sample of the current market dynamics within the HDB sector. The valuation reflects a stable market price with a 0% difference from the baseline, indicating a balanced supply-demand scenario in the region.

The model's high confidence level, derived from an extensive analysis of 490 recent HDB resale transactions in the vicinity, underscores the robustness of this valuation. The data suggests that Yishun continues to be a resilient market for HDB properties, buoyed by its strategic location and ongoing infrastructural developments. As leasehold properties age, the remaining lease becomes a critical factor in valuation; however, with 57 years still available, this HDB unit retains substantial value, appealing to both first-time buyers and long-term investors seeking stability in their investments.