2 Room (2A) HDB for Sale in 499B Tampines Avenue 9

The valuation of the HDB 2 Room unit in Tampines, with a remaining lease of 85 years, is estimated at $408,357, translating to a price per square foot (PSF) of $825. This valuation reflects a 2.5% difference from the baseline market price, indicating a moderate deviation that suggests a relatively stable market environment. The HDB market in this region has showcased resilience, driven by the enduring demand for affordable housing options amidst fluctuating economic conditions.

However, the model confidence for this valuation is categorized as low, based on an analysis of only four recent HDB resale transactions in the vicinity. Such a limited dataset may hinder the robustness of the valuation, implying potential volatility in pricing trends. The remaining lease of 85 years is a positive attribute, as properties with longer leases generally command higher resale values and appeal to a broader pool of buyers. Therefore, while the current valuation is reflective of the existing market dynamics, it is crucial for stakeholders to consider external factors such as economic shifts and policy changes that may influence future price trajectories in the HDB sector.