4 Room (4NG) HDB for Rent in 734 Yishun Avenue 5

The valuation of the 4-room HDB property in Yishun, with a remaining lease of 57 years, stands at an estimated value of $445,143, translating to a price per square foot (PSF) of $445. This valuation reflects the current market price, indicating a 0% difference from the baseline, which suggests stability in the pricing of similar properties within this locality. The market dynamics in Yishun are characterized by a consistent demand for HDB units, supported by a robust recent transaction history of 177 resale transactions in the vicinity, which provides a solid foundation for the assessed value.

The high model confidence associated with this valuation underscores the reliability of the data and the prevailing market trends. The property’s remaining lease of 57 years is a pivotal factor in the valuation, as it aligns with the expectations of potential buyers who often weigh the lease duration heavily in their purchasing decisions. As Yishun continues to develop, with improvements in transportation and infrastructure, the attractiveness of HDB units in the area is poised to enhance, making this property a compelling consideration for both investors and owner-occupiers alike.