4-Room HDB for Room Rent: 502A Yishun Street 51

The valuation of the HDB 4-room property located in Yishun reflects a calculated estimate of $55,358, translating to a competitive $644 per square foot (PSF). This valuation is reinforced by a high level of model confidence, derived from an extensive analysis of 180 recent HDB resale transactions within the vicinity. The robust dataset provides a solid foundation for assessing the property’s market position, particularly given that the estimated value exhibits a 0% difference from the baseline market price. This suggests that the property is currently aligned with prevailing market conditions, indicating a stable demand for HDB units in this area.

One of the key features of this property is its remaining lease of 91 years, which is an attractive proposition for potential buyers seeking long-term residence or investment opportunities in Singapore’s housing market. The longevity of the lease enhances its appeal, as it allows for sustained value retention and growth potential over time. In the context of Yishun, a region known for its community-centric developments and accessibility, this HDB unit stands as a prime example of the market dynamics at play. Buyers can feel assured that they are making a sound investment, as the combination of a solid lease duration and stable pricing underscores a favorable outlook for both owner-occupiers and investors alike.