Common Room (HDB) for Rent in 218 Yishun Street 21

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 58 years, has been set at an estimated value of $86,842, translating to a price per square foot (PSF) of $482. This valuation reflects a stable market signal, as it indicates a 0% difference from the baseline, suggesting that the property is priced in alignment with current market trends and expectations. Such stability in pricing is indicative of the resilience of the Yishun area, which continues to attract interest among both homeowners and investors.

With a model confidence rating of high, this valuation is supported by an extensive analysis of 486 recent HDB resale transactions in the vicinity. This robust dataset allows for a reliable assessment of market dynamics, particularly in understanding how lease tenure affects property values. As the remaining lease of this unit is relatively long at 58 years, it positions the property favorably in the market, appealing to buyers who prioritize the longevity of their investment. In summary, the Yishun HDB market remains a vibrant segment, with this particular offering reflecting a balanced intersection of demand, lease longevity, and market pricing stability.