4 Room (4A) HDB for Rent in 156 Simei Road

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 61 years, stands at an estimated value of $588,816, translating to a price per square foot (PSF) of $526. This valuation reflects a market signal that is firmly established at 0% difference from the baseline, indicating a stable pricing environment for properties in this district. The high model confidence rating suggests that the valuation is robust, supported by extensive comparative analysis of 155 recent HDB resale transactions in the vicinity.

Tampines continues to be a sought-after location, characterized by its well-developed infrastructure and accessibility to amenities, which underpins the consistent demand for HDB flats in the area. The remaining lease of 61 years is a critical factor in this valuation, as it places the property within a competitive range for potential buyers who are increasingly discerning regarding leasehold durations. As the market adjusts to shifting buyer preferences and macroeconomic factors, this property exemplifies the resilience of the HDB market in Singapore, particularly in established neighborhoods like Tampines.