4-Room HDB for Room Rent: 491B Tampines Avenue 9

The valuation of the HDB 4 Room property located in Tampines, with a remaining lease of 65 years, stands at an estimated value of $53,004, translating to a price per square foot (PSF) of $530. This valuation reflects a stable market position, as evidenced by the 0% deviation from the baseline price, indicating a balanced demand and supply scenario in this well-established residential locale.

Our analysis is backed by a robust dataset comprising 56 recent HDB resale transactions in the vicinity, which reinforces the model's high confidence in the estimated value. The Tampines area continues to attract discerning buyers, given its strategic location and comprehensive amenities, coupled with the significant remaining lease. As the market evolves, the interplay of lease tenure and property value will remain a critical factor for potential investors and homeowners alike, underscoring the importance of informed decision-making in the dynamic Singapore real estate landscape.