4-Room HDB for Room Rent: 283 Yishun Avenue 6

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $68,317, translating to a price per square foot (PSF) of $427. This valuation reflects a market price that is in line with the baseline, indicating a stable market condition with no significant fluctuations. The model confidence is assessed as high, underpinned by a robust dataset derived from 166 recent HDB resale transactions within the vicinity, providing a solid foundation for this analysis.

The remaining lease of 57 years is a critical factor in this valuation, as it influences both buyer sentiment and investment potential. In Singapore's HDB market, properties with shorter leases can experience varying demand, but the consistency in pricing observed here suggests that Yishun remains a desirable location for potential homeowners and investors alike. This stability in market dynamics highlights the resilience of the HDB market in Yishun, making it an attractive option for buyers seeking value in their investments.