4 Room (4A) HDB for Rent in 223 Yishun Street 21

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $448,080, translating to a price per square foot (PSF) of $448. This valuation reflects a market price that is in line with baseline expectations, exhibiting a 0% difference, which suggests stability in this segment of the HDB market. The absence of fluctuation indicates a well-balanced demand and supply scenario in the Yishun locality, where this property is situated.

However, it is crucial to note the model confidence for this valuation is categorized as low, based on the analysis of just three recent HDB resale transactions in the vicinity. Such a limited dataset may not fully encapsulate the broader market dynamics, thereby necessitating caution in interpreting these figures. The remaining lease of 58 years is also a significant factor, as it may affect buyer sentiment and future resale potential. In light of these considerations, stakeholders should remain vigilant regarding evolving market conditions and the implications of lease duration on property value.