3-Room HDB for Room Rent: 160 Yishun Street 11

In the dynamic landscape of Singapore's HDB market, the valuation of a 3-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $371,164, translating to a price per square foot (PSF) of $515. This valuation reflects a stable market position, with the current market price indicating a 0% difference from the baseline. Such stability suggests a well-balanced demand and supply scenario in the Yishun area, which has seen consistent interest from both homebuyers and investors alike.

The model confidence for this valuation is assessed as high, supported by a robust dataset of 490 recent HDB resale transactions within the vicinity. This extensive transactional data is indicative of a healthy market environment, enabling a reliable analysis of price trends and lease dynamics. The remaining lease of 57 years is a critical factor, as it continues to provide a reasonable timeframe for potential homeowners looking for a stable investment in a well-established neighborhood. As interest in HDB properties remains strong, particularly in regions like Yishun, this valuation not only reflects current market conditions but also highlights the enduring appeal of HDB living in Singapore.