3 Room (3NG) HDB for Rent in 282 Yishun Avenue 6

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $318,219, translating to a price per square foot (PSF) of $462. This valuation reflects a market price that is in line with the baseline, indicating a stable market condition in the area. However, the model confidence is rated as low, suggesting that this valuation may be less reliable due to limited data points—only one recent HDB resale transaction was recorded in the vicinity.

In the context of Singapore's dynamic real estate landscape, properties with shorter leases can often experience volatility in demand and pricing. The remaining lease period of 58 years places this HDB unit in a category that may attract specific buyer demographics, particularly those looking for affordability in the Yishun area. As the market continues to evolve, potential buyers should consider not only the current valuation but also the long-term implications of leasehold properties, including future resale prospects and the impact of government policies on HDB ownership and pricing.