4-Room HDB for Room Rent: 866 Yishun Street 81

The valuation of the HDB 4 Room unit in Yishun, with a remaining lease of 60 years, stands at an estimated value of $504,729, translating to approximately $451 per square foot. This valuation reflects a stable market condition, evidenced by a 0% difference from the baseline market price, indicating that the property is priced in line with current market expectations. The model confidence for this valuation is categorized as high, providing assurance in the accuracy of this estimate based on comprehensive data analysis.

Recent trends in the Yishun area have been influenced by a total of 258 recent HDB resale transactions, which serve as a robust dataset for evaluating the local market dynamics. The region's property landscape is characterized by a healthy demand for HDB units, particularly those with substantial remaining leases, as they typically attract a broad spectrum of buyers. The 60-year lease remaining on this unit positions it favorably within the market, suggesting that potential buyers are still keen on investing in properties that offer a balance between affordability and longevity. In summary, this valuation not only underscores the unit's competitive pricing but also reflects the broader resilience of the HDB resale market in Yishun amidst ongoing economic shifts.