4-Room HDB for Room Rent: 230C Tampines Street 24

The valuation of the HDB 4 Room property in Tampines, with a remaining lease of 65 years, is pegged at an estimated value of $10,931, translating to a price per square foot (PSF) of $547. This valuation reflects the current market conditions and demonstrates a stable pricing mechanism, as indicated by a market price that shows a negligible 0% difference from the established baseline. Such stability suggests a strong demand for HDB properties in this region, underpinned by the area's strategic location and accessibility to essential amenities.

Furthermore, the model confidence in this valuation is categorized as high, bolstered by a robust dataset derived from 59 recent HDB resale transactions within the vicinity. This comprehensive analysis underscores the resilience of the Tampines property market, indicating that buyers are willing to pay a premium for well-located units with favorable lease durations. As the market continues to evolve, this data-driven insight provides prospective investors and homeowners with a clear understanding of value propositions in the HDB landscape of Singapore.