Common Room (HDB) for Rent in 509B Wellington Circle

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 77 years, stands at an estimated value of $61,167, translating to a price per square foot (PSF) of $612. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a stability in pricing within the Yishun district. Such equilibrium suggests a well-balanced supply and demand dynamic, reinforcing the attractiveness of this property type in the current real estate landscape.

With a robust model confidence rating categorized as high, this valuation is supported by an extensive analysis of 486 recent HDB resale transactions in the vicinity. The significant volume of data reinforces the reliability of this valuation, underscoring the consistent interest in HDB units within this area. The remaining lease of 77 years provides a substantial time horizon for potential homeowners, appealing particularly to families looking for a long-term residence in a well-established neighborhood.