Common Room (HDB) for Rent in 350 Yishun Avenue 11

The valuation of the HDB 2 Room unit in Yishun, with a remaining lease of 61 years, is set at an estimated value of $93,495, reflecting a price per square foot (PSF) of $623. This valuation is particularly significant as it indicates a market equilibrium, with a 0% difference from the baseline price. Such stability suggests that the property is well-positioned within the current market dynamics, aligning with the trends observed in recent sales activity.

Based on an extensive analysis of 122 recent HDB resale transactions in the vicinity, the model confidence in this valuation is categorized as high, underscoring the reliability of the data underpinning this assessment. The relatively long lease term of 61 years still offers prospective buyers a substantial period of occupancy, which is an attractive feature in the HDB market. Yishun's evolving infrastructure and community amenities further enhance the desirability of this property, making it a sound investment in the current real estate landscape.