4-Room HDB for Room Rent: 762 Yishun Street 72

The valuation of the HDB 4 Room property in Yishun, with a remaining lease of 58 years, stands at an estimated value of $72,358, translating to a competitive price of $482 per square foot. This valuation reflects a 0% difference from the baseline market price, indicating a stable and well-balanced market condition for HDB properties in the vicinity. The strong model confidence, rated as high, is derived from an extensive analysis of 486 recent HDB resale transactions in the area, providing a robust framework for this assessment.

The remaining lease of 58 years is a critical factor in determining the property's marketability and future value. In Singapore's real estate landscape, properties with longer leases often command higher prices, while those nearing the end of their lease can experience diminished value. However, Yishun's strategic location and ongoing infrastructural developments may serve to enhance the attractiveness of this property, mitigating concerns associated with its remaining lease. Investors and homebuyers should take note of these dynamics, as they play a pivotal role in shaping the trajectory of property values in this thriving district.