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, is estimated at $61,167, translating to a price per square foot (PSF) of $612. This valuation reflects a stable market condition, as evidenced by the 0% difference from the baseline market price. Such stability indicates a balanced demand and supply dynamic in the Yishun area, which remains a favored location for both homeowners and investors alike.

The model confidence for this valuation is categorized as high, drawing from a robust dataset of 486 recent HDB resale transactions within the vicinity. This extensive market analysis underpins the reliability of the estimated value, suggesting that the property is well-positioned within the current market landscape. Furthermore, the remaining lease of 77 years is a significant factor, as it assures potential buyers of ample duration for residential use and investment potential, aligning with the broader trends observed in Singapore's HDB market.