Common Room (HDB) for Rent in 121 Yishun Street 11

The valuation of the HDB 4-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $59,877, translating to a price per square foot of $461. This valuation is particularly noteworthy as it reflects a stable market signal, showing a 0% difference from the baseline, indicating that the property is currently priced in line with prevailing market conditions. This equilibrium suggests a well-balanced demand and supply scenario in the Yishun area, where buyer sentiment remains robust amidst a backdrop of shifting market dynamics.

With model confidence rated as high, this valuation is supported by a comprehensive analysis of 486 recent HDB resale transactions within the vicinity. Such a substantial dataset reinforces the reliability of the valuation, making it a credible reflection of the current market landscape. The remaining lease of 57 years is a critical factor in determining the property’s desirability and investment potential, as leasehold properties in Singapore experience varying levels of demand depending on their remaining lease duration. The Yishun market, characterized by a diverse demographic and strategic connectivity, continues to attract interest, which bodes well for the longevity and appreciation potential of this HDB unit.