4-Room HDB for Room Rent: 487C Tampines Street 45

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 62 years, is estimated at $161,447, translating to a competitive $538 PSF. This valuation reflects the current market equilibrium, as evidenced by the 0% difference from the baseline market price. Such stability in pricing indicates a well-balanced demand and supply dynamic within the HDB resale market in the region, suggesting that potential buyers are willing to pay a premium without significant fluctuations in valuation.

With a high model confidence rating, derived from an analysis of 113 recent HDB resale transactions in the vicinity, this valuation underscores the attractiveness of the Tampines area, known for its robust infrastructure and community amenities. The remaining lease of 62 years is a crucial factor, as it positions the property within a desirable leasehold duration, appealing to both first-time buyers and investors looking for long-term value retention. Overall, the market signals and transaction data reinforce the strength of the Tampines HDB market, affirming its status as a sought-after residential enclave in Singapore.