4-Room HDB for Room Rent: 204 Yishun Street 21

The valuation of the HDB 4 Room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $117,342, translating to a price per square foot (PSF) of $469. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable but cautious market environment. The current valuation is based on a singular recent resale transaction in the vicinity, which suggests limited market activity and may contribute to the low confidence level in the model.

In the context of Singapore's evolving real estate landscape, the remaining lease duration plays a critical role in determining the property's appeal and investment potential. With 57 years left on the lease, the property is positioned in a transitional phase where prospective buyers may weigh the implications of leasehold properties against their long-term investment strategies. As the market dynamics continue to shift, it is essential for potential investors to consider both the quantitative data and the qualitative aspects of the neighborhood, including amenities and future development plans, to gauge the future value trajectory of such HDB units in Yishun.