4-Room HDB for Room Rent: 795 Yishun Ring Road

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 59 years, stands at an estimated value of $45,809 or $458 PSF. This valuation reflects a market price that is in alignment with the baseline, indicating a stable demand in the area. The absence of deviation from the baseline price suggests a well-balanced market, where the supply of comparable units meets the buyer's expectations without significant fluctuations.

With data derived from 259 recent HDB resale transactions in the vicinity, the model confidence is rated as high, reinforcing the reliability of this valuation. The 59-year remaining lease is a critical factor in the assessment, as properties with longer leases typically enjoy better market appeal and stability in value. Yishun's strategic location and ongoing infrastructural developments further contribute to its attractiveness, ensuring that demand remains resilient amidst evolving market conditions.