4 Room HDB for Rent in 161 Simei Road

The valuation of the HDB 4 ROOM unit in Tampines, with a remaining lease of 61 years, is estimated at $609,833, translating to $545 PSF. This valuation remains in line with the current market price, reflecting a 0% difference from baseline, indicating stability in this segment of the housing market. The HDB unit is situated in a well-established precinct, which typically attracts a diverse demographic of buyers, including young families and professionals seeking accessibility to amenities and transport links.

However, the model confidence for this valuation is categorized as low, which indicates a degree of uncertainty in the current market dynamics. This low confidence level may arise from fluctuations in demand or recent transactional activity in the area. The valuation is based on a comparative analysis of four recent HDB resale transactions in the vicinity, suggesting that while the immediate market appears stable, broader economic factors and shifts in buyer sentiment could influence future valuations. Potential buyers and investors should consider these variables, particularly the implications of the remaining lease period on long-term investment viability.