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

The HDB 3-room property located in Yishun, with a remaining lease of 89 years, has been appraised at an estimated value of $72,830, equating to $728 per square foot (PSF). This valuation reflects the current market equilibrium, as evidenced by the market price showing a 0% difference from the baseline. Such stability is indicative of a robust demand and supply dynamic in the Yishun area, supporting a healthy resale market for HDB properties.

Our analysis is grounded in a careful examination of 115 recent HDB resale transactions in the vicinity, which underscores a high model confidence in this valuation. The longevity of the remaining lease enhances the property’s appeal, particularly among first-time buyers and investors looking for long-term stability in their investments. This combination of favorable lease terms and consistent market performance positions this HDB unit as a noteworthy opportunity within Singapore's evolving real estate landscape.