3 Room (3NG) HDB for Rent in 203 Yishun Street 21

The valuation of the HDB 3-room unit in Yishun, with a remaining lease of 57 years, is pegged at an estimated value of $393,197, translating to a price per square foot (PSF) of $545. This pricing indicates a stable market position, as it reflects a 0% difference from the established baseline market price, suggesting that the property is currently aligned with the prevailing trends in the Yishun vicinity.

However, it is crucial to note the model confidence rating, which is categorized as low. This rating stems from the valuation being based on only two recent HDB resale transactions in the area, which may not provide a comprehensive overview of the market dynamics. The relatively limited data set indicates potential volatility and underscores the importance of considering external factors such as economic conditions, demand fluctuations, and demographic shifts that could impact future valuations. Investors and homeowners should approach this valuation with a nuanced understanding of the leasehold nature of HDB properties, particularly in a market that is navigating through varying demand and supply scenarios.