5 Room (5I) HDB for Rent in 491D Tampines Street 45

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $790,169, translating to a price per square foot (PSF) of $602. This valuation reflects a market signal indicating no deviation from the baseline, suggesting that the price aligns closely with the current market conditions. Such stability in pricing may reflect a balanced demand and supply scenario in the Tampines precinct, which is known for its robust community facilities and accessibility.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited data available, with only one recent HDB resale transaction in the vicinity to draw insights from. This lack of transactional data may result in a less reliable estimate, and potential buyers should exercise caution. The remaining lease of 75 years positions this property favorably in the market, as HDB units typically attract interest from families seeking long-term residence in a well-established area. As the market evolves, further transaction data will be crucial in refining the accuracy of valuations in this segment.