Common Room (HDB) for Rent in 389 Yishun Avenue 6

The valuation of the HDB 4-room property located in Yishun, with a remaining lease of 75 years, stands at an estimated value of $75,685, translating to a price per square foot (PSF) of $582. This figure reflects a market price that is consistent with our baseline analysis, showing a 0% difference, which indicates a stable and competitive market environment for HDB properties in this region. The high model confidence rating, derived from an extensive dataset of 486 recent resale transactions in the vicinity, reinforces the reliability of this valuation.

Yishun has seen a steady demand for HDB flats, bolstered by its strategic location and a range of amenities that cater to a diverse demographic. The remaining lease period of 75 years is particularly advantageous, as it provides prospective buyers with a substantial window for investment. This longevity in lease term contributes to the property’s appeal, ensuring that it remains attractive to both owner-occupiers and investors alike. As the market continues to stabilize, this valuation underscores the resilience of Yishun's HDB segment and its potential for future appreciation.