3 Room (3S) HDB for Rent in 462 Tampines Street 44

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $534,868 or $654 PSF. This assessment reflects a market price that indicates a 0% difference from the baseline, suggesting that current pricing is in line with prevailing market conditions. Such stability in pricing may indicate a balanced demand-supply scenario, particularly given the low volume of recent transactions in the vicinity, with only one comparable HDB resale transaction influencing this valuation.

The model confidence is rated as low, indicating that the valuation may be subject to fluctuations due to limited market data. As the HDB market in Singapore continues to evolve, factors such as the remaining lease term significantly impact buyer sentiment and investment decisions. With 66 years remaining on the lease, potential buyers may be cautious, prioritizing properties with longer lease terms for future resale value. This dynamic highlights the importance of understanding the interplay between lease duration and market trends as key determinants in the valuation of HDB properties in Singapore.