Common Room (HDB) for Rent in 491B Tampines Avenue 9

The valuation of the HDB 4-room unit in Tampines, with an estimated value of $530,199, reflects a strategically positioned asset in a well-established residential precinct. With a remaining lease of 65 years, this property is situated in a market that exhibits strong demand dynamics. The valuation translates to a price per square foot (PSF) of $616, indicating a competitive alignment with current market trends and a 0% deviation from the baseline price. This stability in pricing signals a robust market environment, where the equilibrium between supply and demand is being effectively maintained.

Our analysis, grounded in data from 500 recent HDB resale transactions in the vicinity, underscores a high model confidence in this valuation. The absence of price fluctuation suggests a consistent interest among buyers, likely driven by the desirability of the Tampines district, known for its comprehensive amenities and connectivity. Furthermore, the remaining lease period positions this property favorably within the HDB market, appealing to both first-time buyers and investors looking for reliable rental yields. As such, this HDB unit stands as a promising investment opportunity within Singapore's dynamic real estate landscape.