4 Room (4NG) HDB for Rent in 245 Yishun Avenue 9

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $485,863, translating to approximately $430 PSF. This valuation reflects a market price that exhibits a 0% difference from the baseline, indicating a stable pricing environment in the immediate vicinity. Such a scenario suggests that the market has currently reached an equilibrium, with supply and demand factors balancing out effectively.

However, it is essential to note that the model confidence for this valuation is classified as low. This classification stems from the data being derived from only one recent HDB resale transaction in the area, which may not sufficiently represent the broader market dynamics. In the context of Yishun, a region characterized by its mixed residential offerings and proximity to amenities, the remaining lease period of 58 years must be considered in the investment decision-making process, as it impacts the long-term asset value and marketability of the property. As such, potential buyers should approach this valuation with a discerning perspective, taking into account both the lease tenure and the evolving market conditions in this vibrant district.