4 Room (4A) HDB for Rent in 292 Tampines Street 22

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 57 years, is positioned at an estimated value of $481,082, translating to approximately $481 PSF. This valuation reflects a market signal where the property maintains a 0% difference from the baseline, indicating a stable market environment in the vicinity. Such stability is particularly noteworthy given the fluctuating dynamics often observed in Singapore's real estate landscape.

Analyzing the market conditions, the model confidence for this valuation is classified as High, supported by a robust dataset comprising 136 recent HDB resale transactions in the area. This data set not only reinforces the accuracy of the estimated value but also provides insights into the prevailing demand and supply dynamics within the Tampines precinct. The relatively long remaining lease of 57 years is an attractive feature for potential buyers, ensuring that the property retains its appeal in the competitive HDB market. As the market continues to evolve, this unit's valuation serves as a benchmark for prospective sellers and buyers alike, highlighting the significance of lease tenure in determining property desirability.