3-Room HDB for Room Rent: 739 Yishun Avenue 5

The valuation of the 3-room HDB flat in Yishun, with a remaining lease of 58 years, stands at an estimated value of $70,571, translating to a price per square foot (PSF) of $543. This valuation reflects the current market price, indicating a 0% difference from the baseline, which suggests a stable pricing environment for similar properties in the area. The fact that the valuation aligns with market expectations points to a balanced supply-demand dynamic within the Yishun precinct.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset from only two recent HDB resale transactions in the vicinity. This scarcity of transactional data may lead to potential fluctuations in pricing as market conditions evolve. As the remaining lease diminishes, potential buyers may exhibit varying degrees of interest, influenced by both the longevity of the lease and the overall sentiment in the HDB market. Therefore, stakeholders should remain vigilant to emerging trends that could impact the value of this asset in the near future.