4-Room HDB for Room Rent: 166 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 $47,086, translating to a price per square foot (PSF) of $471. This valuation is significant in the context of the current market dynamics, as it reflects a stable market price with a 0% difference from the baseline. Such stability indicates a balanced demand and supply scenario in the Tampines area, a locality known for its robust community amenities and accessibility.

Our analysis is further supported by high model confidence, informed by 116 recent HDB resale transactions within the vicinity. This extensive dataset not only reinforces the credibility of the valuation but also highlights the resilience of the HDB market in this region. As the remaining lease of the property plays a crucial role in determining its long-term value, prospective buyers should consider both the lease duration and the prevailing market conditions as they make informed investment decisions.