Common Room HDB for Rent in 117 Yishun Ring Road

In our comprehensive analysis of the HDB 4-room property located in Yishun, with a remaining lease of 55 years, we estimate its value at $65,357, translating to a price per square foot (PSF) of $436. This valuation shows a stable market signal, as it reflects a 0% difference from the baseline, indicating that the current market conditions are well-aligned with the property's estimated worth. This suggests that the property market in Yishun is maintaining equilibrium, providing potential buyers with a clear indication of value without significant fluctuations.

The model confidence in this valuation is high, based on an extensive review of 486 recent HDB resale transactions in the vicinity. Such a robust dataset not only enhances the credibility of our valuation but also underscores the demand for HDB properties in this region. Yishun has seen consistent interest from both first-time buyers and investors alike, which can be attributed to its strategic location and community amenities. As the remaining lease stands at 55 years, potential buyers should consider the implications of leasehold properties in Singapore, particularly regarding future resale potential and marketability. Overall, this valuation encapsulates the interplay between lease dynamics and current market trends, making it a compelling opportunity in the residential real estate landscape.