Common Room (HDB) for Rent in 231 Yishun Street 21

The HDB 2-room property located in Yishun presents an intriguing opportunity within Singapore's dynamic real estate landscape. With a remaining lease of 75 years, this unit holds an estimated value of $75,879, translating to a price per square foot (PSF) of $759. This valuation is particularly noteworthy given that it aligns precisely with the current market price, indicating a 0% difference from the baseline. Such stability in pricing suggests a balanced market environment, where supply meets demand effectively.

This valuation is supported by a robust dataset of 124 recent HDB resale transactions in the vicinity, bolstering the model's confidence level deemed high. The concentration of transactions indicates a healthy turnover of properties, which is essential for maintaining market liquidity. The Yishun area continues to exhibit favorable attributes, such as strategic connectivity and community amenities, further enhancing the appeal of this property type. In summary, this HDB unit not only reflects the current market dynamics but also demonstrates the enduring value of properties with substantial remaining leases in Singapore's ever-evolving housing market.