4 Room (4STD) HDB for Rent in 876 Tampines Street 84

The valuation of the HDB 4 room unit in Tampines, with a remaining lease of 59 years, has been estimated at $539,191, translating to a price per square foot of $464. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference. However, the model confidence for this estimate is categorized as low, signaling potential volatility in the valuation due to various market dynamics.

The current market scenario is particularly nuanced, given that it is based on a limited dataset of only one recent HDB resale transaction in the vicinity. This scarcity of transaction data may lead to fluctuations in price expectations as buyers and sellers navigate the market. As the remaining lease of 59 years is a significant factor in the overall valuation, potential buyers should also consider the implications of lease decay and its impact on future resale opportunities. Overall, while the estimated value presents a stable market signal, the low confidence level suggests a cautious approach for stakeholders looking to engage in this segment of the HDB market.