Common Room (HDB) for Rent in 350 Yishun Avenue 11

The HDB 2-room unit located in Yishun, with a remaining lease of 61 years, has been appraised at an estimated value of $74,039, translating to a price per square foot (PSF) of $617. This valuation reflects the current market dynamics, with the property showing no deviation from the baseline market price, indicating a state of equilibrium in buyer and seller expectations. The high level of model confidence is supported by an extensive database of 252 recent HDB resale transactions in the vicinity, providing a robust analytical foundation for this valuation.

In the context of the Yishun district, the stable valuation signals a steady demand for HDB properties, particularly in this segment, where affordability remains a key driver for potential homeowners. The remaining lease of 61 years presents a favorable long-term perspective, as properties with longer leases tend to attract more interest among buyers who are looking for stability in their investment. As market conditions evolve, this property’s valuation is likely to reflect broader trends in the HDB resale landscape, making it a noteworthy consideration for both investors and first-time buyers alike.