Common Room (HDB) for Rent in 509B Wellington Circle

The valuation of the HDB 2-room apartment in Yishun, with a remaining lease of 77 years, stands at an estimated value of $78,110, translating to a price per square foot of $781. This valuation comes amidst a stable market environment, as indicated by the market price being 0% different from the baseline, suggesting that the property is priced in line with prevailing market trends. A robust dataset of 124 recent HDB resale transactions in the vicinity enhances the reliability of this valuation, reflecting a high degree of model confidence.

With a remaining lease of 77 years, this property is well-positioned within the Yishun district, a region that has seen consistent demand due to its accessibility and community amenities. The stability in pricing signals a balanced market dynamic, where demand meets supply without significant volatility. As the market for HDB properties continues to evolve, understanding the nuances of lease tenure becomes crucial for prospective buyers and investors, particularly in assessing long-term value retention in a competitive landscape.