4-Room HDB for Room Rent: 278 Tampines Street 22

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 56 years, has been estimated at $48,314, translating to a price per square foot (PSF) of $483. This valuation reflects a significant stability within the local market, as indicated by a market price that shows a 0% difference from the baseline. Such consistency suggests that the property is well-positioned within the current economic landscape, maintaining its value amidst broader market fluctuations.

Our analysis is grounded in a robust data set, encompassing 119 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to the estimated valuation. The demand for HDB properties in Tampines remains resilient, driven by both its strategic location and the community amenities that enhance livability. Furthermore, the remaining lease period of 56 years is a crucial factor in the valuation, as it offers potential buyers a significant horizon for investment while also acknowledging the eventual lease decay. This dynamic emphasizes the importance of carefully evaluating lease terms in relation to market trends when considering HDB investments in Singapore.