5-Room HDB for Room Rent: 603 Yishun Street 61

In the current analysis of the HDB 5 room property located in Yishun, the estimated value stands at $165,078, translating to a price per square foot (PSF) of $472. With a remaining lease of 60 years, this property presents a compelling option for potential buyers, particularly for those looking to invest in the HDB market. The value assessment reflects a neutral market signal, indicating a 0% difference from the baseline, which suggests stability in pricing for similar properties in the region.

The valuation is supported by a review of three recent HDB resale transactions within close proximity, providing a foundational basis for the estimated value. However, it is important to note that the model confidence is categorized as low, implying potential variability in the valuation due to market fluctuations or external economic factors. As the remaining lease period can significantly influence buyer sentiment and investment decisions, stakeholders should remain vigilant about market dynamics in Yishun, especially as they pertain to leasehold properties in the evolving landscape of Singapore's real estate market.