5-Room HDB for Room Rent: 264 Yishun Street 22

The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $43,262, equating to a price per square foot (PSF) of $433. This valuation reflects a stable market position, as indicated by the 0% difference from the baseline market price. Such stability is a significant indicator of the current demand and valuation dynamics within this specific HDB segment in Yishun.

Our analysis is grounded in a thorough examination of 224 recent HDB resale transactions in the vicinity, which provides a robust dataset for assessing market trends. The high model confidence rating suggests a reliable projection of this property's value, taking into account the nuances of lease duration and market conditions. With the remaining lease of 58 years, potential buyers should consider both the investment horizon and the implications of lease decay. In the context of Yishun's evolving real estate landscape, this HDB property represents a viable opportunity for homeowners and investors alike, reflecting the broader trends within Singapore's public housing market.