3 Room (3I) HDB for Rent in 205 Yishun Street 21

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $386,359, translating to $536 PSF. This assessment reflects a market price that exhibits a remarkable stability, with a 0% difference from the baseline. Despite the current flat market signal, this valuation underscores the property’s resilience in a competitive landscape, particularly given the relatively low transaction volume in the area.

It is noteworthy that the model confidence for this valuation is categorized as low, primarily due to the limited dataset, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales suggests that while the property holds a stable value, potential fluctuations in market sentiment and demand could significantly influence future valuations. Investors and homeowners should consider these dynamics, particularly in light of the diminishing lease term, which may impact long-term investment attractiveness as the lease approaches its latter years.