3-Room HDB for Room Rent: 145 Yishun Street 11

The valuation of the 3-room HDB unit in Yishun at an estimated value of $61,797, translating to a price per square foot (PSF) of $515, reflects a stable market position with a 0% difference from the baseline market price. This stability indicates that the property is aligned with current market expectations, suggesting a well-balanced supply and demand dynamic in the Yishun area. With a remaining lease of 57 years, this property stands as a viable option for both investors and owner-occupiers who value longevity and potential appreciation in this evolving suburban district.

The model confidence in this valuation is rated as high, based on a robust analysis of 490 recent HDB resale transactions within the vicinity. This extensive dataset provides a strong foundation for the valuation, ensuring that the estimated value is reflective of current market conditions and comparable property performances. The Yishun market continues to exhibit resilience, and as such, the subject property is well-positioned to cater to the ongoing demand for affordable housing solutions in Singapore.