3-Room HDB for Room Rent: 219 Yishun Street 21

The valuation of the HDB 3 Room unit in Yishun, with a remaining lease of 58 years, sets the estimated value at $41,920, translating to a price per square foot (PSF) of $524. This valuation is indicative of the current market dynamics, where the property exhibits a market price that aligns closely with the baseline, showing a 0% difference. Such stability in pricing reflects a balanced demand and supply scenario within the Yishun precinct, a region characterized by its favorable amenities and community infrastructure.

With model confidence rated as high, this valuation is reinforced by an extensive analysis of 491 recent HDB resale transactions in the vicinity. The data indicates a robust market performance, suggesting that buyers are recognizing the intrinsic value of properties in Yishun. As the remaining lease of 58 years remains a significant consideration for potential buyers, the current valuation effectively encapsulates the premium placed on longevity and the perceived desirability of HDB living in this area. The consistent market behavior underscores the resilience of the Yishun property market, positioning it as a strategic investment within Singapore's real estate landscape.