Common Room (HDB) for Rent in 146 Yishun Street 11

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $78,748 or $606 PSF. This valuation reflects a significant alignment with the current market dynamics, as indicated by a market price that shows a 0% difference from the baseline. This stability in pricing suggests that the property is effectively positioned within the prevailing market conditions, demonstrating resilience and consistent demand in the Yishun area.

Backed by data from 124 recent HDB resale transactions in the vicinity, the valuation model exhibits a high confidence level, underscoring the reliability of the assessed value. The remaining lease of 57 years is a critical factor in the valuation process, as it impacts buyer perception and long-term investment potential. In a market where lease tenure plays a pivotal role in determining property desirability, this unit appears well-positioned to attract interest from both first-time buyers and investors, particularly those seeking affordable options in a bustling district.