4-Room HDB for Room Rent: 505C Yishun Street 51

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 87 years, stands at an estimated value of $111,860, translating to a price per square foot (PSF) of $621. This valuation reflects a stable market position, with a remarkable 0% difference from the baseline market price, indicating a well-balanced equilibrium between supply and demand in the current HDB resale landscape.

This analysis is underpinned by a robust model confidence rating of high, derived from a comprehensive examination of 118 recent resale transactions in the vicinity. The consistency observed in this valuation suggests that potential buyers can expect a fair representation of market conditions, bolstered by the longevity of the remaining lease. As the HDB lease is a critical factor influencing property value, the 87-year tenure enhances the attractiveness of this unit, catering to both owner-occupiers and investors seeking stable returns in a well-established residential enclave.