4-Room HDB for Room Rent: 771 Yishun Avenue 3

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $53,671, translating to a price per square foot (PSF) of $488. This valuation reflects a market price that is consistent with the baseline, indicating a stable pricing environment within this segment of the HDB market. The property’s value is particularly noteworthy given the remaining lease, which plays a crucial role in the long-term investment appeal and potential appreciation of the asset.

However, it is essential to highlight that the model confidence for this valuation is categorized as low. This is primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity to inform the analysis. Such a narrow data scope can lead to volatility and uncertainty in the valuation outcomes. As the market dynamics in Yishun evolve, it will be imperative for potential buyers and investors to monitor future transactions closely to gauge trends and shifts in demand, particularly concerning properties with varying remaining lease lengths.