4-Room HDB for Room Rent: 648A Tampines Street 62

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 95 years, has been estimated at $81,189, translating to a competitive $812 per square foot (PSF). This valuation is particularly significant as it indicates a market price that aligns precisely with the baseline, reflecting a 0% difference. Such stability in pricing suggests a resilient demand for HDB properties in the Tampines area, driven by its strategic location and robust infrastructure.

Our analysis is grounded in a comprehensive review of 104 recent HDB resale transactions within the vicinity, providing a strong statistical backing to our estimated valuation. The high model confidence level underscores the reliability of these findings, suggesting that buyers and sellers can operate with a high degree of assurance in the current market landscape. Additionally, the extended lease period of 95 years enhances the attractiveness of this property, appealing to families and investors alike seeking long-term residency or investment potential in a thriving neighborhood.