Terraced House for Room Rent: The Shaughnessy

The valuation of the HDB 2-room unit in Yishun, with a remaining lease of 80 years, stands at an estimated value of $111,513, translating to a price per square foot (PSF) of $743. This valuation reflects a stable market position, as indicated by the market price showing a 0% difference from the baseline. Such equilibrium suggests a well-balanced demand and supply scenario in the Yishun area, enhancing the desirability of this property type.

With a model confidence rated as high and based on comprehensive analysis of 126 recent HDB resale transactions in the vicinity, this valuation not only underscores the intrinsic value of the property but also highlights the broader market dynamics at play. The remaining lease of 80 years provides a significant buffer for potential buyers, mitigating concerns often associated with shorter leases. As such, this property may appeal to both first-time buyers and investors looking for stable long-term growth in a vibrant neighborhood.