Common Room (HDB) for Rent in 232 Yishun Street 21

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 57 years, stands at an estimated value of $59,049, equating to a price per square foot (PSF) of $590. This valuation reflects a precise alignment with the market price, demonstrating a 0% difference from the baseline. Such stability in valuation indicates a robust market sentiment and suggests that this property is competitively priced within the current landscape of HDB transactions.

Based on a comprehensive analysis of 124 recent HDB resale transactions within the vicinity, the model confidence in this valuation is categorized as high. This confidence is further bolstered by the property’s location in Yishun, an area characterized by ongoing infrastructural developments and a growing community. The remaining lease of 57 years signifies a desirable timeframe for potential buyers, appealing to both first-time homeowners and investors looking for stable long-term returns. As market dynamics continue to evolve, it is imperative for stakeholders to remain attuned to the factors influencing HDB valuations, particularly lease longevity and regional demand.