4-Room HDB for Room Rent: 381 Tampines Street 32

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $53,079, translating to a price per square foot of $531. This valuation reflects a market price that aligns closely with the baseline, indicating a 0% difference and demonstrating a stable market condition. Such stability is particularly noteworthy in the context of the recent fluctuations observed in the Singapore real estate landscape.

The high model confidence rating is supported by an analysis of 53 recent HDB resale transactions within the vicinity, which provides a robust dataset for comparison. The consistent pricing suggests a balanced supply and demand dynamic in the area, with potential buyers recognizing the value of properties in this established neighborhood. Given the remaining lease of 66 years, the unit retains significant appeal, particularly among families and young professionals looking for affordable housing options in a well-connected region like Tampines.