4 Room (4S) HDB for Rent in 646 Yishun Street 61

The valuation of the 4-room HDB property in Yishun, with a remaining lease of 75 years, stands at an estimated value of $556,903, translating to a price per square foot (PSF) of $592. This valuation reflects a market price that is currently stable, showing a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario in the Yishun district, which is supported by robust market activity evidenced by 488 recent HDB resale transactions in the vicinity. This strong transactional volume underpins the confidence in the valuation model, which has been rated with a high level of confidence.

The remaining lease of 75 years is a crucial factor in the HDB market dynamics, as it provides potential buyers with a sense of security regarding the longevity of their investment. In Singapore's evolving real estate landscape, HDB properties with substantial remaining leases are often perceived as attractive options, particularly for families seeking long-term housing solutions. Given Yishun's strategic location and ongoing development initiatives, the sustained interest in this property segment suggests that Yishun remains a desirable locale, further reinforcing the estimated value within the current market context.