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

The valuation of the HDB 3-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $383,747, translating to a price per square foot (PSF) of $532. This valuation reflects a market price that is in line with the baseline, indicating a 0% deviation. Such stability in pricing is indicative of a balanced demand-supply dynamic in the Yishun area, which is characterized by its accessibility and the presence of essential amenities.

However, it is important to note that the model confidence in this valuation is classified as low. This is primarily due to the limited dataset, with only two recent HDB resale transactions available for analysis in the vicinity. This scarcity of comparable sales may introduce volatility and uncertainty into the valuation process, suggesting that potential buyers should proceed with caution. As the remaining lease term is significant, this could play a crucial role in influencing future resale value, making it essential for stakeholders to monitor market trends closely.