3 Room (3NG) HDB for Rent in 347B Yishun Avenue 11

The valuation of the HDB 3-room unit in Yishun, with a remaining lease of 86 years, stands at an estimated value of $629,584, translating to a price per square foot (PSF) of $873. This valuation indicates a market price that reflects a stable equilibrium, with a negligible difference of 0% from the baseline. Such stability suggests a consistent demand in the Yishun area, underscored by its appeal to both first-time buyers and long-term residents seeking affordable housing options within a mature estate.

However, it is essential to note the model confidence in this valuation is categorized as low, primarily due to the reliance on a limited dataset—only one recent HDB resale transaction in the vicinity. This scenario highlights the potential volatility in the market, driven by external factors such as economic shifts and changes in buyer sentiment. As the remaining lease of 86 years offers a substantial duration for occupancy and investment, it remains crucial for potential buyers to consider broader market dynamics and future developments in the surrounding area that could influence property values over time.