4-Room HDB for Room Rent: 965C Tampines Street 96

The valuation of the HDB 4-room property in Tampines, with a remaining lease of 75 years, stands at an estimated value of $70,148, translating to a price per square foot (PSF) of $701. This valuation reflects a precise alignment with the current market baseline, indicating a 0% difference, which signals a stable and balanced market condition for similar properties in the area. The high model confidence level reinforces the reliability of this valuation, derived from an extensive analysis of 500 recent HDB resale transactions within the vicinity.

Tampines, as a mature estate, continues to demonstrate resilient demand for HDB properties, particularly those with substantial remaining leases. The stability in pricing suggests that buyers are recognizing the enduring value of such properties, and they are willing to transact at current price levels without significant fluctuations. This trend indicates a robust market sentiment and a strong appreciation for the longevity and investment potential of HDB homes in this region. As the real estate landscape continues to evolve, properties like this 4-room unit in Tampines remain highly sought after, further solidifying their status as a sound investment choice for prospective homeowners.