Common Room (HDB) for Rent in 218 Yishun Street 21

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 58 years, stands at an estimated value of $43,421, translating to a price per square foot (PSF) of $482. This valuation reflects a stable market signal, exhibiting a 0% difference from the baseline, indicating that the property is priced accurately in alignment with current market trends. Such stability suggests that the demand for HDB units in Yishun remains steady, bolstered by the area's ongoing developments and improvements in infrastructure.

With a high model confidence rating, this valuation is supported by an extensive analysis of 486 recent HDB resale transactions in the vicinity, providing a robust dataset for comparison. The remaining lease of 58 years is a critical factor influencing buyer sentiment, as properties with longer leases typically command higher values. However, being within a range that still appeals to a broad spectrum of buyers, this property exemplifies the delicate balance between lease duration and market demand dynamics in Singapore’s evolving real estate landscape.