Common Room (HDB) for Rent in 282 Yishun Avenue 6

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $88,054, translating to a rate of $587 per square foot (PSF). This valuation reflects a stable market position, as indicated by a 0% difference from the baseline market price, suggesting that the property is precisely aligned with current market expectations. The model confidence is rated as high, underscoring the reliability of this assessment based on extensive data analysis.

Analyzing the broader market dynamics, this valuation is informed by 124 recent HDB resale transactions in the vicinity, ensuring a robust comparative framework for establishing the property's worth. The relatively long remaining lease of 58 years enhances its appeal to potential buyers, particularly those looking for an affordable entry point into the property market. Yishun, known for its family-friendly amenities and accessibility, continues to attract interest, thereby solidifying the stability of property values in this region. Such factors collectively indicate a promising outlook for the HDB sector in Yishun, making this valuation an attractive proposition for investors and homebuyers alike.