Common Room (HDB) for Rent in 418 Yishun Avenue 11

The valuation of the 2-room HDB unit located in Yishun, with a remaining lease of 65 years, stands at an estimated value of $104,325, translating to a price per square foot (PSF) of $660. This valuation reflects a significant alignment with the baseline market price, exhibiting a 0% difference. Such stability in pricing signals a balanced market condition, suggesting that demand and supply are currently in equilibrium for similar properties in the area.

This analysis is underpinned by a robust dataset, drawing insights from 118 recent HDB resale transactions in the vicinity, which enhances the model's confidence level to a high degree. The strong market confidence is indicative of buyer interest in the Yishun area, which has historically demonstrated resilience and appeal due to its strategic location and community amenities. The remaining lease of 65 years further positions this property as a viable option for both first-time buyers and investors, who are increasingly drawn to the potential for long-term value appreciation in Singapore's evolving real estate landscape.