3 Room (3NG) HDB for Rent in 138 Yishun Ring Road

The HDB 3-room property located in Yishun, with a remaining lease of 58 years, presents a valuation of approximately $370,197, equating to a price per square foot (PSF) of $506. This valuation is reflective of current market conditions, where the estimated value shows a 0% difference from the established market baseline. Such stability in pricing may suggest a period of consolidation within the Yishun district, where demand appears to be balancing out against the available supply of similar unit types.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set available; specifically, it is based on a single recent resale transaction in the vicinity. This lack of robust transaction data can introduce variability into the valuation process, highlighting the need for potential buyers and investors to exercise caution. As the remaining lease of 58 years progresses, the implications on future resale value and marketability should also be carefully considered. The dynamics of the HDB market, particularly in Yishun, necessitate a thorough understanding of leasehold implications, market trends, and local demographic shifts to ensure informed decision-making moving forward.