Common Room (HDB) for Rent in 161 Yishun Street 11

The valuation of the 4-room HDB property in Yishun, with a remaining lease of 57 years, is estimated at $28,448, translating to a price per square foot (PSF) of $474. This figure is indicative of a stable market condition, as it reflects a market price that is consistent with the baseline, showing a 0% difference. Such stability in valuation suggests a balanced demand and supply dynamic within the Yishun area, where 486 recent HDB resale transactions have been analyzed to inform this estimate.

With a high model confidence rating, this valuation indicates a robust understanding of current market trends and the specific characteristics of the Yishun locality. The remaining lease period is an essential factor influencing HDB values, particularly as buyers often consider the longevity of the lease in relation to their investment horizons. The consistency of the estimated value underscores the ongoing desirability of HDB properties in this region, reflecting both the resilience of the market and the community’s intrinsic appeal to prospective homeowners.