4 Room (4A) HDB for Rent in 451 Tampines Street 42

The valuation of the HDB 4-room unit located in Tampines reflects a strategic intersection of market dynamics and property longevity. With a remaining lease of 59 years, the estimated value stands at $467,643, translating to a rate of $517 per square foot. This valuation is significant as it indicates a robust market position, evidenced by a market price that exhibits a 0% difference from the baseline, suggesting that the property is competitively priced in relation to recent sales in the area.

Analyzing the local market, this valuation is supported by data derived from 213 recent HDB resale transactions within the vicinity, which provides a solid foundation for the assessed value. The high model confidence rating indicates a strong alignment with prevailing market trends, reinforcing the notion that this property not only offers potential for appreciation but also aligns with the intrinsic value associated with HDB properties in Singapore. The remaining lease, while moderate, should be factored into prospective buyers’ considerations, as it may influence future resale potential and buyer demographics in this vibrant neighborhood.