4-Room HDB for Room Rent: 814 Tampines Street 81

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $72,537, equating to a price per square foot (PSF) of $484. This figure reflects a stable market position, with a market price showing a 0% difference from the baseline, indicating that the property is currently valued at par with recent transactions in the area. Such stability suggests a well-balanced demand and supply dynamic in the HDB resale market, particularly for properties within the Tampines district.

Our analysis is grounded in a robust dataset of 117 recent HDB resale transactions in the vicinity, which not only adds to the model's reliability but also underscores the high confidence level of our valuation. The high model confidence suggests that the valuation is reflective of current market sentiments, where buyers are increasingly discerning regarding the lease duration of HDB properties. With 56 years remaining on the lease, this unit offers prospective homeowners an opportunity to invest in a property that is still well within the acceptable lease range for HDB resale transactions, thereby enhancing its attractiveness in a competitive market.