4-Room HDB for Room Rent: 364 Tampines Street 34

The valuation of this HDB 4-room unit in Tampines, with a remaining lease of 68 years, stands at an estimated value of $55,596, translating to a price per square foot of $556. This pricing reflects a market condition where the assessed value is in line with the baseline, indicating a market price differential of 0%. Such stability suggests that the property is currently positioned well within the local market, with no significant upward or downward pressure affecting its value.

However, it is essential to highlight that the model confidence for this valuation is categorized as low, primarily due to the limited data set, which comprises only one recent HDB resale transaction in the vicinity. The reliance on a singular transaction may not fully capture the broader market dynamics, including buyer sentiment and macroeconomic factors that could influence future valuations. As the remaining lease of the property extends to 68 years, prospective buyers should weigh the implications of lease duration on long-term investment potential, particularly as the market continues to evolve.