Common Room (HDB) for Rent in 218 Yishun Street 21

The valuation of the HDB 4 Room property in Yishun, with a remaining lease of 58 years, stands at an estimated value of $43,421, translating to $482 PSF. This valuation is indicative of a stable market environment, as it reflects a 0% difference from the market baseline. Such consistency suggests that the property is well-positioned within the current real estate landscape, benefiting from a strong demand relative to its supply, particularly in the Yishun area.

With a model confidence rating of High, this assessment is bolstered by a robust dataset comprising 486 recent HDB resale transactions in the vicinity. This level of confidence not only underscores the reliability of the market indicators but also highlights the property’s competitive standing among similar units. As the remaining lease of 58 years offers a substantial timeframe for potential owners, it is essential to consider how lease duration impacts buyer sentiment and investment viability. Overall, this valuation places the Yishun HDB unit in a favorable position, reflecting both current market dynamics and the underlying value of long-term residential assets in Singapore.