4-Room HDB for Room Rent: 164 Tampines Street 12

This valuation report analyzes a 4-room HDB unit located in the well-established residential precinct of Tampines, which boasts a remaining lease of 56 years. The estimated value of the property is pegged at $48,249, translating to a price per square foot (PSF) of $482. This valuation is grounded in robust market data, drawing from 116 recent HDB resale transactions in the vicinity, thereby providing a highly confident model assessment with a high degree of accuracy.

The current market signal indicates that the estimated value aligns perfectly with the baseline, reflecting a 0% difference, which suggests a stable pricing environment in the area. This equilibrium is indicative of a balanced supply and demand dynamic, wherein buyers have shown consistent interest in HDB properties despite the remaining lease, which is a crucial factor for potential homeowners and investors alike. Given the strong confidence level and the recent transaction trends, this HDB unit represents a compelling opportunity for those seeking to invest in the vibrant Tampines market.