Common Room (HDB) for Rent in 167 Yishun Ring Road

The valuation of the 4-room HDB unit in Yishun, with a remaining lease of 59 years, stands at an estimated value of $47,675, translating to a price per square foot (PSF) of $477. This valuation is particularly noteworthy as it reflects stability in the current market, with a market price that shows a 0% difference from the baseline. Such a signal indicates a balanced demand and supply dynamic within the HDB resale market, suggesting that buyers are currently willing to pay prices that align closely with the established valuation benchmarks.

Our analysis, grounded in a robust dataset comprising 486 recent HDB resale transactions in the vicinity, bolsters the confidence in this valuation, which is categorized as high. The presence of a healthy transaction volume in Yishun highlights the area's continued appeal and resilience in the face of broader market fluctuations. With the remaining lease of 59 years, potential buyers should consider the implications of lease tenure on long-term investment value, as this can influence future marketability and asset appreciation. Overall, this valuation serves as a critical indicator for stakeholders assessing opportunities in the Yishun HDB market.