4-Room HDB for Room Rent: 284 Tampines Street 22

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, is pegged at an estimated value of $55,333, translating to a price per square foot (PSF) of $461. This valuation reflects a stable market signal, showing a 0% difference from the baseline price, indicating that the property is aligned with current market expectations. Such a scenario suggests that the property is not experiencing significant price fluctuations, which can be indicative of a balanced supply and demand dynamic within the vicinity.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited data set comprising only one recent HDB resale transaction in the area. This lack of comprehensive transaction data may lead to uncertainties in the valuation, necessitating a cautious approach for potential buyers and investors. As the remaining lease of 56 years continues to diminish, it is essential to closely monitor market trends and future transaction activities in Tampines to better gauge the long-term value trajectory of the property.