4 Room (4A) HDB for Rent in 349 Yishun Avenue 11

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 61 years, stands at an estimated value of $457,666, translating to a price per square foot (PSF) of $437. This valuation reflects a market price that shows no deviation from the baseline, indicating a stable market environment in the vicinity. However, the model confidence is classified as low, underlining the necessity for caution in interpreting this valuation given the limited dataset available for analysis.

The recent transactional data reveals only one comparable HDB resale in the area, which contributes to the low confidence level in the valuation model. This scarcity of transactions may suggest a less active market, potentially influenced by factors such as buyer sentiment and the overall economic climate. Furthermore, the remaining lease of 61 years is a critical component to consider, as it may impact future resale potential and buyer interest, particularly in a market that is increasingly sensitive to lease lengths. As such, while the valuation reflects current market conditions, stakeholders should remain vigilant and consider the broader economic indicators and local developments that may influence the future trajectory of property values in Yishun.