4-Room HDB for Room Rent: 608A Tampines North Drive 1

The HDB 4-room property located in the highly sought-after Tampines region presents a compelling valuation with an estimated value of $51,320, translating to $684 per square foot. With a remaining lease of 92 years, this property is well-positioned within the market, offering long-term security and appeal to potential buyers. The model confidence for this valuation is categorized as high, reflecting the robustness of the underlying data derived from an analysis of 500 recent HDB resale transactions in the vicinity.

With the market price indicating a 0% difference from the baseline, this valuation suggests a stable market environment in Tampines. The strong demand for HDB properties in this area, coupled with the significant remaining lease, underscores the attractiveness of this asset. As urban development continues to enhance the region's infrastructure and amenities, the long-term prospects for appreciation in value remain promising, making this property an excellent opportunity for both investors and homebuyers alike.