Common Room (HDB) for Rent in 299 Yishun Street 20

The valuation of the HDB 2 Room unit in Yishun reflects a robust market position, with an estimated value of $113,818, translating to a price per square foot (PSF) of $759. This valuation positions the property at equilibrium, exhibiting a 0% difference from the prevailing market baseline, which indicates a stable market sentiment and a balanced supply-demand dynamic in the Yishun district. With 124 recent resale transactions informing this analysis, the model's confidence level is categorized as high, reinforcing the reliability of the projected value.

The remaining lease of 75 years is a significant factor in the current valuation, impacting buyer perception and investment potential. As Singapore's property landscape continues to evolve, units with longer leases tend to attract consistent interest, especially in well-connected areas like Yishun. This locality offers a blend of accessibility and community amenities, enhancing its appeal to both first-time buyers and investors. Overall, the stability in the market price points to a healthy interest in HDB properties, further underscoring the enduring value of residential investments in Singapore's thriving real estate sector.