4 Room (4NG) HDB for Rent in 721 Tampines Street 71

The valuation of the HDB 4 Room property in Tampines, with a remaining lease of 70 years, stands at an estimated value of $620,756, translating to $621 PSF. This valuation reflects a critical equilibrium within the local market, as it showcases a market price that is 0% different from the baseline. Such stability suggests a balanced supply-demand dynamic, although it raises questions regarding the potential for future appreciation given the relatively low confidence rating associated with this model.

Market insights indicate that the model confidence is categorized as low, primarily due to the limited data set of only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may hinder the robustness of the valuation, thereby underscoring the importance of continuous monitoring of the local market trends and property dynamics. Investors and homeowners alike should remain cognizant of the implications of the 70-year lease, as it may influence buyer sentiment and long-term investment viability in an increasingly competitive real estate environment.