4-Room HDB for Room Rent: 639 Yishun Street 61

The valuation of the HDB 4-room property located in Yishun, with a remaining lease of 59 years, stands at an estimated value of $38,102, translating to a price per square foot (PSF) of $476. This valuation reflects the current market dynamics, where it aligns perfectly with the baseline price, indicating a 0% difference. Such a stable pricing signal suggests a balanced market condition, where demand and supply are in equilibrium, making it an attractive proposition for potential buyers and investors alike.

Our model confidence in this valuation is categorized as high, supported by a robust analysis of 486 recent HDB resale transactions in the vicinity. This extensive data set lends credibility to the valuation, ensuring that it accurately mirrors the prevailing market sentiments and conditions. With a remaining lease of 59 years, this property offers a substantial tenure that appeals to both first-time homeowners and seasoned investors, adding to its allure in the competitive Yishun market. Overall, this valuation not only highlights the property's competitive standing but also underscores the resilience of the HDB market in Singapore.