3-Room HDB for Room Rent: 492G Tampines Street 45

The valuation of the HDB 3 Room property located in the vibrant district of Tampines reflects a calculated estimated value of $75,883, equating to a price per square foot (PSF) of $709. This assessment is grounded in robust market analytics, considering a comprehensive dataset derived from 491 recent HDB resale transactions within the vicinity, which reinforces the model's high confidence level in the valuation. The property boasts a remaining lease of 90 years, positioning it favorably in the market, as buyers increasingly seek HDB units with longer leases to mitigate future depreciation risks.

Notably, the property's estimated value aligns closely with the market price, exhibiting a 0% difference from the baseline. This equilibrium signals a stable market environment in Tampines, where demand and supply dynamics are effectively balanced. Investors and homeowners alike should perceive this as an opportune moment to engage in the market, leveraging the high confidence in this valuation model, which underscores both the enduring appeal of the Tampines area and the resilience of HDB properties in Singapore's evolving real estate landscape.