4 Room (4A) HDB for Rent in 608C Tampines North Drive 1

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 92 years, stands at an estimated value of $764,037, translating to a price per square foot of $789. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand for HDB properties in this region. The absence of deviation from the baseline suggests that current market conditions are neither overly bullish nor bearish, but rather indicative of a balanced sentiment among buyers and sellers in the area.

However, it is important to note that the model confidence for this valuation is categorized as low, a factor that warrants careful consideration. This low confidence level stems from the limited data pool, with only two recent HDB resale transactions available for comparative analysis. Such a restricted dataset may not fully capture the nuances of the market dynamics in Tampines, especially in light of the ongoing shifts in buyer preferences and economic conditions. As such, potential investors should proceed with a degree of caution and consider a broader range of market indicators when evaluating this opportunity.