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

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $48,249, translating to a price per square foot (PSF) of $482. This figure reflects a stable market signal, with a 0% difference from the baseline price, indicating that the property is competitively positioned within the current market landscape. The high model confidence associated with this valuation stems from a robust analysis of 116 recent HDB resale transactions in the vicinity, providing a strong empirical foundation for the valuation metrics.

In the context of the Tampines estate, this valuation highlights the resilience of the HDB market, particularly in areas with established amenities and transport links. The remaining lease period of 56 years is significant, offering prospective buyers a balanced consideration between investment longevity and affordability. As demand for HDB properties remains steady, this unit's pricing reflects a broader trend of stability in the resale market, suggesting an ongoing confidence among buyers and a healthy turnover of properties in this vibrant district.