4-Room HDB for Room Rent: 674B Fern Grove @ Yishun

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 91 years, stands at an estimated value of $66,391, translating to a price per square foot (PSF) of $664. This assessment reflects a market price that is consistent with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced market environment, where supply and demand dynamics are relatively in equilibrium.

However, it is noteworthy that the model confidence for this valuation is categorized as low, implying some uncertainty in the underlying data. This valuation has been derived from an analysis of three recent HDB resale transactions in the vicinity, which, while providing a foundational reference, may not fully encapsulate the broader market trends affecting property values in Yishun. The remaining lease of 91 years is a critical factor, as properties with longer leases typically attract a wider pool of potential buyers, thus influencing overall market sentiment and perceived value.