3 Room (3A) HDB for Rent in 321 Yishun Central

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 60 years, is estimated at $399,940, translating to a price per square foot (PSF) of $489. This valuation reflects a market price stability, showing a 0% difference from the baseline, which indicates a balanced supply-demand dynamic in the local HDB market. The absence of price adjustments signals a cautious optimism among buyers and sellers, suggesting that the property is competitively positioned within its segment.

However, the model confidence is rated as low, primarily due to the limited dataset of only two recent resale transactions in the vicinity. This lack of robust transaction data may hinder a more accurate forecast of future market movements. Furthermore, the remaining lease of 60 years is a critical factor influencing buyer sentiment, as properties with shorter leases often face challenges in attaining optimal resale values. Buyers may be more discerning, considering factors such as lease longevity and potential future depreciation. Therefore, while the current valuation remains stable, ongoing monitoring of market trends and additional transaction data will be essential for a more comprehensive analysis of this property’s long-term investment viability.