Common Room (HDB) for Rent in 366 Yishun Ring Road

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 61 years, has been meticulously assessed at an estimated value of $72,510, translating to a price per square foot (PSF) of $483. This valuation reflects a market price that aligns precisely with the baseline, indicating a stable market signal with no deviation. Such equilibrium in pricing suggests a consistent demand within the Yishun area, which remains an attractive locale for families and young professionals alike.

Our analysis draws from a robust dataset comprising 486 recent HDB resale transactions within the vicinity, providing a comprehensive understanding of the market dynamics at play. With a model confidence rated as high, the valuation underscores the resilience of the Yishun property market, particularly in the context of its remaining lease term. The longevity of the lease enhances the unit's appeal to potential buyers, as it offers a substantial period of occupancy and investment potential. This stability, coupled with the area's ongoing development and infrastructure improvements, bodes well for future appreciation and investor interest.