Master Room (HDB) for Rent in 316B Yishun Avenue 9

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 88 years, stands at an estimated value of $111,833, translating to a price per square foot of $746. This valuation reflects the current market conditions, indicating a market price that is steady with a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply scenario within the Yishun area, positioning this property as a competitive option for potential buyers.

The model confidence in this valuation is classified as high, supported by a comprehensive analysis of 65 recent HDB resale transactions in the vicinity. The consistency of these transactions reinforces the reliability of the estimated value, as it is derived from a significant dataset that encapsulates the local market dynamics. The remaining lease of 88 years is particularly advantageous, as properties with extended leases tend to appreciate better over time, attracting a diverse range of buyers, from first-time homeowners to seasoned investors.