3-Room HDB for Room Rent: 218 Yishun Street 21

The recent valuation of the HDB 3-room unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $62,881, equating to $524 PSF. This valuation is particularly significant given the stability it exhibits, with a market price difference of 0% from the baseline, indicating a balanced market condition where the property is accurately priced relative to similar transactions in the area.

Analyzing the broader market dynamics, this valuation is supported by data from 490 recent HDB resale transactions in Yishun, showcasing a robust confidence level in our model assessments. With a high model confidence rating, potential buyers can be assured that this valuation reflects current market trends and conditions. The remaining lease period of 58 years is also crucial, as it positions this property favorably within the long-term horizon, appealing to both first-time homeowners and investors looking for stability in a fluctuating market.