Common Room (HDB) for Rent in 794 Yishun Ring Road

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 59 years, stands at an estimated value of $94,051, translating to a price per square foot (PSF) of $627. This valuation reflects a market price with a 0% deviation from the baseline, indicating a stable and balanced market condition within the locality. The high model confidence derived from an analysis of 124 recent HDB resale transactions in the vicinity reinforces the reliability of this assessment and signals a well-functioning market environment.

Yishun, known for its residential amenities and strategic transport links, continues to attract buyers despite its longer leasehold period. The current valuation suggests that potential buyers are valuing this property within the expected market range, maintaining equilibrium in demand and supply. Additionally, the stability in market prices highlights the resilience of HDB properties in Yishun, even as they navigate the complexities of lease durations in Singapore's real estate landscape. This property offers an attractive proposition for both first-time buyers and investors seeking stable returns in a well-regarded district.