4-Room HDB for Room Rent: 470 Tampines Street 44

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $125,202, translating to a price per square foot (PSF) of $626. This valuation is particularly significant, as it reflects a stability in the market, indicated by a 0% difference from the baseline market price. Such a metric suggests that the property is aptly priced in line with current market sentiment and demand, reinforcing the attractiveness of Tampines as a residential locale.

With a model confidence rating of High, this valuation is substantiated by an extensive analysis of 500 recent HDB resale transactions in the vicinity. The robust data set underpins the reliability of the valuation, while also providing insight into the current market dynamics. The HDB lease of 66 years is a pivotal factor in determining the long-term investment potential of this property. As Singapore’s real estate market continues to evolve, properties with substantial remaining leases in well-connected and established neighborhoods like Tampines are likely to maintain their value, making them a prudent option for both first-time buyers and seasoned investors alike.