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

The valuation of the HDB 4-room unit situated in Yishun, with a remaining lease of 56 years, stands at an estimated value of $44,364, equating to a price per square foot (PSF) of $444. This valuation is notably aligned with the current market dynamics, indicating a stable pricing environment as there is a 0% difference from the established baseline. Such consistency in pricing suggests that the unit is positioned well within the market, reflecting both the demand and supply equilibrium prevalent in the Yishun district.

With a model confidence rating of high, this valuation is underpinned by an extensive analysis of 486 recent HDB resale transactions in the vicinity. This robust dataset highlights the resilience of the HDB market in Yishun, where factors such as accessibility, amenities, and community developments play a pivotal role in maintaining property values. In the context of a remaining lease of 56 years, this valuation suggests that prospective buyers are recognizing the intrinsic value of the property, while sellers can leverage the current market stability to achieve favorable transaction outcomes.