Common Room (HDB) for Rent in 117 Yishun Ring Road

The HDB 4 Room property located in Yishun, with a remaining lease of 56 years, presents a compelling valuation of $44,364, translating to an estimated price per square foot (PSF) of $444. This valuation reflects a market signal indicating no deviation from the baseline price, suggesting a stable pricing environment in this segment of the HDB market. Such stability is indicative of sustained demand in Yishun, a region known for its residential appeal, community amenities, and accessibility.

With a robust model confidence rating of high, this valuation is substantiated by a comprehensive analysis of 486 recent HDB resale transactions in the vicinity. The consistency in market pricing underscores the resilience of the Yishun property market, particularly as it relates to properties with significant remaining leases. Investors and homeowners alike should take note of the favorable market dynamics, as properties in this category are likely to maintain their value over time, ensuring a sound investment in the long-term residential landscape of Singapore.