4-Room HDB for Room Rent: 166 Tampines Street 12

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $46,977, translating to a price per square foot (PSF) of $470. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a stable market condition without any significant fluctuations in demand or supply within the area. The high model confidence of this valuation, supported by 117 recent HDB resale transactions in the vicinity, underscores the robustness of the analysis and the reliability of the data utilized.

In the context of Singapore's real estate dynamics, this property represents a strategic opportunity for potential buyers and investors. The remaining lease of 56 years is a crucial factor to consider, as it impacts both the investment potential and the buyer's financing options. With the Tampines area continuing to develop and evolve, the stability in pricing amidst a high volume of transactions may suggest an ongoing demand for HDB properties in this locale. Such insights are invaluable for stakeholders aiming to navigate the complexities of the market and make informed decisions regarding their property investments.