4-Room HDB for Room Rent: 509 Tampines Central 1

The subject property, a 4-room HDB unit located in the sought-after Tampines area, presents a compelling investment opportunity with an estimated value of $83,302, translating to a price per square foot (PSF) of $555. With a remaining lease of 62 years, this property stands at a critical juncture within the Singapore housing market, where lease duration plays a pivotal role in influencing buyer sentiment and property valuation. The proximity to essential amenities and robust public transport connectivity enhances its desirability, aligning well with the preferences of both owner-occupiers and investors alike.

Current market signals indicate that this property’s estimated value is in equilibrium, exhibiting a 0% difference from the baseline price. This stability is underscored by a thorough analysis of 116 recent HDB resale transactions within the vicinity, reflecting a robust demand and sustained interest in the Tampines region. The model confidence is rated as high, emphasizing the reliability of this valuation amidst a dynamic market landscape. As we navigate through evolving market conditions, properties like this HDB unit remain attractive due to their potential for capital appreciation, particularly as urban development initiatives continue to unfold in the area.