4-Room HDB for Room Rent: 861A Tampines Avenue 5

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $80,715, translating to a price per square foot (PSF) of $538. This valuation reflects the current market dynamics in the area, where the property’s price exhibits a 0% difference from the baseline, indicating stability in valuation against recent market trends. The relative consistency in pricing suggests a balanced demand and supply scenario, reinforcing the competitive nature of the HDB market in this region.

However, it is important to note that the model confidence associated with this valuation is classified as low. This is corroborated by the limited data derived from only two recent HDB resale transactions in the vicinity, which may not sufficiently capture the broader market fluctuations or sentiments. As such, potential buyers and investors should exercise caution and consider conducting further due diligence to fully understand the implications of the remaining lease term and overall market conditions in Tampines.