4-Room HDB for Room Rent: 390 Tampines Avenue 7

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 66 years, is estimated at $64,862, translating to a price per square foot of $550. This valuation reflects a market price that is stable, showing a 0% difference from the baseline. Such a stability is indicative of a balanced supply and demand dynamic in the area, underscoring the property’s attractiveness amidst the ongoing fluctuations in the broader real estate market.

The high model confidence rating, derived from analyzing 51 recent HDB resale transactions in the vicinity, reinforces the robustness of this valuation. The Tampines locale remains a sought-after neighborhood, characterized by its well-established amenities and strategic connectivity. With a remaining lease of 66 years, this property offers potential buyers a viable long-term investment option, particularly in light of the increasing demand for HDB flats in well-connected districts. The analysis suggests that the market is poised for steady growth, making this property an appealing asset for both homebuyers and investors alike.