Common Room (HDB) for Rent in 270 Yishun Street 22

The recent valuation of a 2-room HDB unit in Yishun, with a remaining lease of 58 years, has been estimated at $29,428, translating to a price per square foot (PSF) of $589. This valuation reflects a market price that is in alignment with the baseline, indicating a 0% difference from the expected norm. This equilibrium suggests a stable demand in the region, supported by the consistent performance of the local housing market.

Analyzing the broader market dynamics, the valuation is underpinned by data drawn from 120 recent HDB resale transactions within the vicinity, contributing to a high level of model confidence. The sustained interest in Yishun is evident, as this area continues to attract buyers looking for affordable housing options within a well-connected neighborhood. The remaining lease of 58 years adds a layer of consideration for potential buyers, highlighting the importance of leasehold duration in property valuations. As the market evolves, this particular unit represents an opportunity for both investors and first-time homeowners seeking to capitalize on Yishun's ongoing development and community growth.