Master Room (HDB) for Rent in 469B Yishun Street 43

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 91 years, reflects the current market dynamics and the unique characteristics of the locality. Priced at an estimated value of $110,013, equating to $733 per square foot, this property stands as a testament to the stability in the HDB market, evidenced by a 0% difference from the baseline market price. This equilibrium suggests a balanced supply-demand scenario, where the property is well-positioned within the competitive landscape of Yishun's residential offerings.

Utilizing data derived from 8 recent HDB resale transactions in the vicinity, the model's confidence in this valuation is categorized as medium, indicating a reasonable level of reliability while acknowledging the inherent fluctuations in the property market. The remaining lease of 91 years further enhances the appeal of the unit, as properties with longer leases tend to attract greater interest among potential buyers, ensuring a sustained demand in the long term. This valuation underscores the significance of lease duration in influencing buyer sentiment and pricing strategies within Singapore's evolving real estate market.