4-Room HDB for Room Rent: 164 Tampines Street 12

The HDB 4-room unit in Tampines, with a remaining lease of 56 years, has been appraised at an estimated value of $48,249, translating to a price per square foot (PSF) of $482. This valuation reflects a market price that is in alignment with the baseline, indicating a stable environment for HDB transactions in the area. The absence of deviation from the baseline price suggests a well-balanced demand and supply dynamic, allowing for a reliable investment perspective for potential buyers and sellers alike.

The model confidence for this valuation is categorized as high, underscoring the robustness of the analytical framework employed. This conclusion is supported by a substantial dataset, comprising 116 recent HDB resale transactions within the vicinity. Such a comprehensive analysis not only reinforces the credibility of the valuation but also provides critical insights into market trends and buyer sentiment in the Tampines region. As a highly sought-after residential locale, the enduring appeal of Tampines is further bolstered by its strategic connectivity and community amenities, making this property an attractive proposition in the current real estate landscape.