Common Room (HDB) for Rent in 804 Yishun Ring Road

The valuation of the HDB 2 Room unit in Yishun, with a remaining lease of 60 years, stands at an estimated value of $76,516, translating to a price per square foot (PSF) of $638. This pricing reflects a notable equilibrium within the current market dynamics, as indicated by a market price that shows no deviation from the baseline. Such stability suggests a balanced demand and supply scenario in the Yishun precinct, which is supported by recent trends observed in the locality.

With a robust model confidence rating of high, this valuation draws upon comprehensive data from 124 recent HDB resale transactions in the vicinity. The consistency in pricing underscores the reliability of the market signals, indicating that buyers and sellers are increasingly aligned in their expectations. As Yishun continues to evolve with ongoing developments and amenities, the stability of the HDB market here reinforces its appeal to both first-time buyers and investors seeking long-term potential. The remaining lease of 60 years also positions this property favorably, catering to a segment of the market that values affordable entry points in Singapore’s competitive housing landscape.