4-Room HDB for Room Rent: 470 Tampines Street 44

The HDB 4-room property located in the highly sought-after district of Tampines presents an estimated value of $125,202, translating to an effective price per square foot (PSF) of $626. With a remaining lease of 66 years, this unit offers a balanced blend of affordability and longevity, positioning itself well within the current market dynamics. The valuation reflects a market price that shows no deviation from the baseline, indicating a stable demand in the area, bolstered by the continuous interest in HDB properties as a viable housing option among Singaporeans.

Our analysis is grounded on a robust dataset comprising 500 recent HDB resale transactions within the vicinity, which lends a high level of confidence to this valuation. The consistent performance of similar properties in the region underlines the underlying strength of the Tampines market, characterised by its strategic location, accessibility, and comprehensive amenities. As urban development in Singapore continues to evolve, properties with substantial remaining leases, such as this HDB unit, are likely to retain their value, making them a prudent investment choice for potential buyers.