4-Room HDB for Room Rent: 508C Wellington Circle

The valuation of the HDB 4 Room unit in Yishun, with a remaining lease of 77 years, stands at an estimated value of $73,173, translating to a price per square foot (PSF) of $610. This valuation reflects a market price that is in alignment with the baseline, indicating a neutral stance in terms of market fluctuations. The property sits within a vibrant residential landscape, characterized by a stable demand for HDB units in the region, which is corroborated by the high model confidence derived from an analysis of 488 recent resale transactions in the vicinity.

The current lease duration is a significant factor influencing the property’s value, as HDB apartments with longer leases tend to attract more interest from potential buyers. In this case, the 77-year lease provides a reassuring buffer, allowing for sustained occupancy and investment appeal. This valuation, alongside the market signal of 0% difference from the baseline, suggests that Yishun remains a competitive area for HDB transactions, with the potential for future appreciation as urban development continues to evolve in the area.