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

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 59 years, stands at an estimated value of $467,643, translating to $517 per square foot (PSF). This assessment is grounded in a thorough analysis of 213 recent HDB resale transactions within the vicinity, illustrating the robustness of the market dynamics that underpin this property’s valuation. The model confidence is rated as high, indicating a reliable estimation framework that incorporates both historical data and current market trends.

In terms of market signals, the property reflects a 0% difference from the baseline, suggesting that the valuation aligns perfectly with current market conditions. This equilibrium indicates a stable demand for HDB units in the Tampines area, which continues to attract families and investors alike due to its strategic location and comprehensive amenities. The remaining lease of 59 years is a critical factor, as it positions the property within a competitive segment of the HDB market, where longer leases typically command higher prices. Overall, this valuation encapsulates the interplay of lease duration, market demand, and recent transactional data, affirming the property’s sound investment potential.