4-Room HDB for Room Rent: 366 Yishun Ring Road

The valuation of the HDB 4-room flat in Yishun, with a remaining lease of 61 years, stands at an estimated value of $96,636, translating to a price per square foot (PSF) of $483. This valuation reflects a stable market signal, indicating no deviation from the baseline price in the current landscape. Such stability suggests a balanced demand and supply equation within this segment of the HDB market, reinforcing the property’s competitive positioning in the vicinity.

The high model confidence, derived from an analysis of 486 recent HDB resale transactions in the area, underscores the robustness of this valuation. It is imperative to consider the implications of the remaining lease on property desirability and future resale potential. With 61 years remaining, the leasehold status allows for a reasonable window of ownership while appealing to buyers who prioritize accessibility and community amenities in Yishun. The alignment of the estimated value with recent market trends further cements this property as a viable investment within Singapore’s evolving real estate landscape.