4 Room (4S) HDB for Rent in 458 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 $477,807, translating to $529 per square foot. This valuation indicates a market price that remains consistent with the baseline, reflecting a 0% difference. Such stability in pricing suggests a balanced demand and supply scenario within the local HDB market, whereby potential buyers are likely assessing the value of long-term leasehold properties against their investment horizon.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity serving as a reference point. This presents potential challenges in accurately gauging market sentiment and price trajectory. Investors and homeowners should exercise caution and consider broader market trends, including fluctuations in interest rates, changes in buyer demographics, and the overall economic landscape, which could influence the future valuation of similar properties within this region.