4-Room HDB for Room Rent: 766 Yishun Avenue 3

This valuation report focuses on a 4-room HDB unit located in Yishun, which currently holds a remaining lease of 58 years. The estimated value of the property stands at $39,243, translating to a price per square foot (PSF) of $427. Notably, this valuation reflects a market price that is consistent with the baseline, indicating a 0% difference, which suggests stability in the current market dynamics for this segment of the HDB market.

However, it is essential to point out that the model confidence for this valuation is categorized as low, primarily due to the limited data availability, with only one recent resale transaction recorded in the vicinity. This lack of robust transactional data may signal potential volatility in future valuations, particularly as the property continues to age and as market conditions evolve. Buyers and investors should remain vigilant, weighing the implications of the remaining lease against their long-term investment strategies, while considering the broader context of HDB market trends in Singapore.