4-Room HDB for Room Rent: 451 Tampines Street 42

This report provides a comprehensive analysis of a 4-room HDB property located in the vibrant district of Tampines, which boasts a remaining lease of 59 years. The estimated market value stands at $67,209, translating to a price per square foot (PSF) of $517. This valuation indicates that the property is currently aligned with the market price, demonstrating a 0% difference from the baseline. Such stability in pricing reflects a balanced demand-supply dynamic in this well-established residential area.

The model confidence level for this valuation is classified as high, based on an extensive analysis of 213 recent HDB resale transactions within the vicinity. This robust dataset not only enhances the reliability of the valuation but also underscores the consistent interest in HDB properties in Tampines. The area's strategic location, coupled with its rich array of amenities and accessibility, continues to sustain its appeal among potential buyers, thereby reinforcing the stability of property values.