4-Room HDB for Room Rent: 867 Yishun Street 81

This valuation report focuses on a 4-room HDB property located in the Yishun district, which holds a remaining lease of 58 years. The estimated market value of this unit stands at $70,245, translating to a price per square foot (PSF) of $468. The valuation is firmly positioned against the backdrop of current market conditions, indicating a stable market price with a 0% variance from the baseline. This consistency suggests that the property is well-aligned with prevailing market trends, appealing to both potential buyers and investors in the area.

Our analysis is underpinned by a robust dataset, having examined 486 recent HDB resale transactions in the vicinity. The high model confidence associated with this valuation underscores the reliability of the data and the soundness of the valuation methodology employed. As Yishun continues to develop, with infrastructural enhancements and community amenities, the dynamics of the local real estate market remain favorable. The remaining lease of 58 years, while moderate, is balanced by the existing demand for HDB properties in this region, contributing to a resilient market outlook for prospective stakeholders.