4-Room HDB for Room Rent: 401 Tampines Street 41

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $76,302, translating to a price per square foot (PSF) of $509. This figure reflects a market price that is precisely aligned with the baseline, indicating a stable status quo in the local property market. Such equilibrium is significant as it suggests a balanced demand and supply scenario, providing potential buyers with confidence in the asset's valuation.

Our analysis is grounded in a robust dataset, drawing insights from 179 recent HDB resale transactions in the vicinity. The high model confidence rating underscores the reliability of the valuation, suggesting that the assessed price accurately reflects current market sentiments and dynamics. As the remaining lease plays a crucial role in HDB valuations, the 58-year lease period offers a moderate timeline for prospective buyers, balancing long-term investment potential with immediate livability considerations. Given the area's consistent demand for housing, this property represents a sound opportunity in the vibrant Tampines district.