Common Room (HDB) for Rent in 365 Yishun Ring Road

The valuation of the HDB 2 Room unit in Yishun, with a remaining lease of 61 years, stands at an estimated value of $74,087, translating to a price per square foot (PSF) of $617. This assessment reflects a market price that is aligned with the baseline, indicating a stable yet competitive positioning within the local real estate landscape. The valuation has been derived from an analysis of 124 recent HDB resale transactions in the vicinity, showcasing a robust dataset that bolsters the credibility of the estimated value.

With a model confidence rating of high, this valuation underscores the resilience of the Yishun HDB market, particularly in the context of its lease duration. As properties in Singapore are primarily influenced by their remaining lease terms, the 61 years remaining on this unit signifies a favorable investment horizon for potential buyers. This stability is further reinforced by the steady demand for HDB units in the area, which continues to attract a diverse demographic, contributing to the overall market equilibrium.