5-Room HDB for Room Rent: 230 Tampines Street 24

The valuation of the HDB 5-room property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $66,305, translating to $553 per square foot. This valuation reflects a market equilibrium, as indicated by the 0% price difference from the baseline. Such stability in pricing suggests a well-balanced demand and supply dynamic in the Tampines area, which remains one of Singapore's sought-after residential precincts.

Our analysis is bolstered by a robust dataset of 500 recent HDB resale transactions in the vicinity, providing a comprehensive understanding of the local market trends. The high model confidence further affirms the reliability of this valuation, suggesting that potential buyers can approach this opportunity with assurance. With the remaining lease of 57 years, this property offers a unique blend of longevity and potential for appreciation, given Tampines' strategic location and comprehensive amenities, making it a compelling choice for both investors and homeowners alike.