4-Room HDB for Room Rent: 814 Tampines Street 81

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, is currently estimated at $72,537, equating to a price per square foot (PSF) of $484. This valuation reflects a market signal indicating a zero percent deviation from the baseline, suggesting that the property is priced accurately in line with current market conditions. Such stability in pricing is indicative of a balanced demand and supply scenario within the local HDB market, particularly in the well-established and sought-after area of Tampines.

The model confidence for this valuation is categorized as high, based on the comprehensive analysis of 117 recent HDB resale transactions in the vicinity. This robust dataset enhances the reliability of our estimate, underscoring the competitive nature of the marketplace. As the remaining lease is a critical factor in HDB valuations, the 56-year lease term provides prospective buyers with a substantial duration for occupancy and investment potential. The current market dynamics reflect a stable environment, where such properties continue to attract interest due to their strategic location and the availability of amenities that characterize the Tampines estate.