5-Room HDB for Room Rent: 492B Tampines Avenue 9

The valuation of the HDB 5 Room unit in Tampines, with a remaining lease of 65 years, stands at an estimated value of $108,574, equating to $543 per square foot. This figure reflects a market price that is consistent with current benchmarks, indicating a 0% difference from the baseline. Such stability in pricing is indicative of a balanced market environment, where demand and supply are closely aligned, particularly in a well-established residential area like Tampines.

Our analysis is grounded in the review of 97 recent resale transactions in the vicinity, providing a robust data set that enhances the reliability of this valuation. The high model confidence suggests that the factors influencing this property’s worth are well understood and reflect prevailing market conditions accurately. With a remaining lease of 65 years, buyers may find this property appealing not only for its strategic location but also for its potential for long-term value retention in an ever-evolving real estate landscape.