Room (HDB) for Rent in 115C Yishun Ring Road

The valuation of the HDB 2 Room unit in Yishun, with a remaining lease of 55 years, stands at an estimated value of $66,800, translating to a price per square foot (PSF) of $557. This assessment is grounded in a comprehensive analysis of 124 recent HDB resale transactions within the vicinity, showcasing a robust data-driven approach that reflects the prevailing market conditions. The model confidence associated with this valuation is classified as high, indicating a strong reliability in the projected value.

Notably, the market signal indicates a 0% difference from the baseline, suggesting that the property is currently priced in alignment with the market trends. This equilibrium reflects a stable demand for HDB units in Yishun, despite the diminishing lease period, as buyers continue to seek affordability and potential value appreciation. As the remaining lease dwindles, it becomes increasingly crucial for investors and homebuyers to consider the long-term implications of leasehold properties in their strategic planning. The dynamics of the Yishun property market illustrate a nuanced interplay between lease longevity and market pricing, reinforcing the importance of informed decision-making in this segment.