4-Room HDB for Room Rent: 493C Tampines Street 43

The valuation of the 4-room HDB property in Tampines, with a remaining lease of 65 years, stands at an estimated value of $158,595, translating to a price per square foot of $529. This valuation reflects a notable stability in the market, evidenced by a market price that indicates a 0% difference from the baseline. Such alignment suggests that the property is currently priced in accordance with prevailing market trends, positioning it as a competitive option for prospective buyers.

Our analysis draws on the performance of 58 recent HDB resale transactions within the vicinity, providing a robust dataset that enhances the confidence level of this valuation, which is categorized as high. The sustained interest in Tampines, a well-regarded residential area with abundant amenities and transport links, underscores the enduring demand for HDB properties in this locale. The current lease term of 65 years further adds to the attractiveness of this asset, as buyers often seek properties with a sufficient lease duration to ensure long-term habitation and investment potential.