5 Room (5I) HDB for Rent in 816 Tampines Avenue 4

The valuation of the HDB 5 Room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $492,344, equating to $492 per square foot (PSF). This valuation reflects a market price that shows no deviation from the baseline, indicating a stable pricing environment within the area. The lack of movement in market price suggests that demand and supply are currently balanced, offering an insight into the broader trends affecting the HDB resale market in Singapore.

However, the model confidence for this valuation is categorized as low, primarily due to the limited data available for analysis, with only one recent resale transaction in the vicinity serving as a reference point. This scarcity of comparable sales introduces a degree of uncertainty, underscoring the necessity for potential buyers to conduct thorough due diligence. As Singapore’s HDB market continues to evolve, the dynamics surrounding leasehold properties, particularly those with a significant remaining lease, will play a crucial role in determining future valuations and investment potential.