4-Room HDB for Room Rent: 424D Yishun Avenue 11

The valuation of the HDB 4-room property in Yishun, with a remaining lease of 86 years, stands at an estimated value of $103,816, translating to a price per square foot (PSF) of $593. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable market signal amidst current economic conditions. The low variance from the baseline price suggests that the property remains competitively priced within the local market, which is crucial for potential buyers considering long-term investment in HDB flats.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited data pool, with only two recent HDB resale transactions in the vicinity informing this estimate. This scarcity of comparable sales can lead to potential fluctuations in market perception, particularly given the remaining lease duration. As leasehold properties approach the 80-year mark, they can experience varying demand dynamics based on buyer sentiment and perceived value retention over time, making it vital for prospective buyers to analyze both the property’s lease status and the broader market trends in the Yishun area.