4-Room HDB for Room Rent: 855 Tampines Street 83

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 59 years, stands at an estimated value of $63,040, translating to $525 per square foot. This valuation reflects a market price that is consistent with the baseline, indicating a stable market environment for HDB properties in this region. The current valuation suggests a balanced demand and supply scenario, where buyers are willing to transact at prices that align closely with recent historical sales.

Despite the stability indicated by a 0% difference from the baseline, it is important to note the model confidence is categorized as low. This suggests that the valuation is subject to variability, potentially influenced by external market factors or shifts in buyer sentiment. The reliance on just two recent HDB resale transactions in the vicinity further emphasizes the need for caution in interpreting these figures, as a limited dataset may not fully capture the broader market dynamics at play.

• Property Overview: 4-room HDB in Tampines
• Remaining Lease: 59 years
• Estimated Value: $63,040 ($525 PSF)
• Market Signal: Market Price (0% difference from baseline)
• Model Confidence: Low
• Recent Transactions: Based on 2 recent HDB resale transactions