3 Room (3S) HDB for Rent in 716 Yishun Street 71

The valuation of the 3-room HDB unit in Yishun, with a remaining lease of 57 years, is estimated at $335,571 or $487 per square foot (PSF). This figure reflects a market price that is at parity with the baseline, indicating a stable but cautious approach from buyers and sellers alike. The absence of any significant deviation from the baseline suggests that the property is perceived as fairly valued within the current market context, although the model confidence is rated as low, highlighting potential uncertainties in the valuation process.

The analysis is grounded in three recent HDB resale transactions within the vicinity, which provide a snapshot of the market dynamics affecting this segment. Factors such as remaining lease length, location desirability, and changing demographic trends in Yishun are instrumental in shaping buyer perceptions and pricing strategies. As the remaining lease diminishes, potential buyers may exhibit increasing caution, further influencing the valuation and saleability of HDB properties in this area. Thus, while the current valuation reflects a balanced market stance, it is essential for stakeholders to remain vigilant of external economic factors that could sway future market conditions.