Common Room (HDB) for Rent in 316A Yishun Avenue 9

The valuation of the 2-room HDB unit in Yishun, with a remaining lease of 88 years, stands at an estimated value of $96,042, translating to a price per square foot (PSF) of $739. This valuation reflects a stable market signal, with a 0% difference from the baseline, indicating that the property is accurately priced in alignment with current market conditions. The high model confidence, supported by data from 66 recent HDB resale transactions in the vicinity, underscores the robustness of this valuation.

In the context of Singapore's dynamic real estate landscape, the remaining lease of 88 years provides a significant advantage, as properties with longer leases tend to attract a broader range of buyers, particularly first-time homeowners and investors seeking long-term value appreciation. Yishun's real estate market has shown resilience, and this valuation is a testament to the area's ongoing appeal. The steady demand in the HDB sector, coupled with favorable lease durations, positions this property as a sound investment within the current economic climate.