5-Room HDB for Room Rent: 115B Yishun Ring Road

The valuation of the 5-room HDB unit in Yishun, with a remaining lease of 72 years, stands at an estimated value of $68,181, translating to a price per square foot (PSF) of $568. This valuation reflects a neutral market signal, indicating a 0% difference from the baseline price established for comparable properties. Such stability suggests a balanced demand and supply dynamic in the Yishun area, where buyer sentiment appears to be relatively cautious, likely influenced by the overall economic climate and housing trends.

However, it is crucial to note that the model confidence associated with this valuation is classified as low, primarily due to the reliance on a single recent resale transaction within the vicinity. This limited data point could potentially skew the perceived value, underscoring the need for a broader analysis of market trends and comparable sales to establish a more robust valuation metric. As the remaining lease of 72 years offers a significant lifespan for prospective homeowners, understanding the implications of lease decay and its impact on future resale values will be essential for investors and buyers alike in navigating the evolving landscape of Singapore's HDB market.