Common Room (HDB) for Rent in 384B Yishun Avenue 6

The valuation of the HDB 2 Room unit in Yishun, with a remaining lease of 96 years, stands at an estimated value of $97,175, translating to a price per square foot (PSF) of $810. This valuation is particularly noteworthy, as it reflects a market price that is in perfect alignment with the baseline, indicating a 0% differential. Such stability in pricing suggests a balanced demand and supply dynamic in the Yishun locality, which has been corroborated by the analysis of 17 recent HDB resale transactions in the vicinity.

Furthermore, the medium confidence level associated with this model indicates a reasonable assurance in the valuation, despite the inherent variability in the real estate market. The longevity of the lease, at 96 years, positions this property favorably for potential buyers, as it offers an extended period of habitation with the security that comes from a long leasehold. As the market continues to evolve, the implications of these lease dynamics will be crucial for stakeholders looking to navigate the complexities of property investment in Singapore.