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

The valuation of the HDB 4 Room property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $540,645, equating to a price per square foot (PSF) of $541. This valuation indicates a strong market signal, with a 0% difference from the baseline price, suggesting that the property is positioned at a competitive level relative to recent market transactions. Such a valuation reflects the property’s alignment with prevailing market trends and demand in the Tampines area, a locality known for its robust infrastructure and amenities.

With a model confidence rating of high, this valuation is further supported by a comprehensive analysis of 500 recent HDB resale transactions in the vicinity. The consistency in pricing underscores the stability of the market, particularly for properties with a similar lease profile. As the remaining lease period is a critical factor in HDB valuations, this property’s 57-year lease positions it favorably for potential buyers who are looking for long-term investments in a thriving neighborhood. The integration of these dynamics paints a promising picture for prospective buyers and investors alike, reinforcing the attractiveness of the Tampines HDB market.