4 Room (4NG) HDB for Rent in 232 Yishun Street 21

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $431,797, translating to a price per square foot (PSF) of $432. This valuation is notably aligned with the current market price, indicating a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply scenario in the Yishun area, reflecting the broader market dynamics that influence HDB resale transactions.

Analysis of 180 recent HDB resale transactions in the vicinity underscores the high model confidence of this valuation, reinforcing the robustness of the market data utilized in this assessment. The remaining lease of 57 years is a critical factor, as it influences buyer sentiment and investment potential. In markets where lease duration is a significant consideration, properties with longer remaining leases typically exhibit stronger market performance. Therefore, this HDB unit not only represents a competitive entry point into the Yishun property market but also reflects the resilience of the HDB sector amidst evolving economic conditions.