4-Room HDB for Room Rent: 860 Yishun Avenue 4

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 61 years, stands at an estimated value of $73,926, translating to a price per square foot (PSF) of $493. This valuation reflects a market price that is consistent with baseline expectations, indicating a 0% difference from the prevailing market sentiment. Such stability in the pricing suggests a resilient demand for HDB properties in the Yishun area, supported by the fundamentals of local amenities and transport connectivity.

Our analysis is underpinned by a robust dataset of 486 recent HDB resale transactions in the vicinity, providing a high confidence level in the valuation model. The enduring appeal of Yishun, known for its family-friendly environment and emerging developments, contributes to a strong market position for HDBs in the region. As the remaining lease is 61 years, prospective buyers should consider the implications of lease duration on both marketability and future resale value. The current market dynamics indicate a balanced landscape where buyers are recognizing the value of longevity in HDB leases, further solidifying the attractiveness of this valuation.