4-Room HDB for Room Rent: 366 Yishun Ring Road

The valuation of the HDB 4-room property located in Yishun, with a remaining lease of 61 years, stands at an estimated value of $110,905, translating to a price per square foot (PSF) of $403. This valuation reflects a market price that is currently aligned with the baseline, indicating no significant fluctuations in the market dynamics for similar properties in the vicinity.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction in the area. This limited data point may not fully encapsulate the broader market trends or shifts in buyer demand, particularly as the property approaches the mid-point of its lease. As lease years progress, potential buyers may exhibit varying levels of interest based on their assessment of lease duration relative to investment value. Hence, while the current valuation is stable, stakeholders should remain vigilant to any emerging trends that could influence future valuations in this segment of the Yishun property market.