4-Room HDB for Room Rent: 888 Tampines Street 81

The valuation of the 4-room HDB property in Tampines, with a remaining lease of 61 years, stands at an estimated value of $56,451, equating to a price per square foot (PSF) of $513. This valuation reflects the current market equilibrium, as evidenced by a 0% difference from the baseline market price. Such stability in pricing is indicative of a balanced demand-supply scenario in the region, where recent resale transactions have contributed to the establishment of a reliable market benchmark.

With strong model confidence derived from 162 recent HDB resale transactions in the vicinity, this valuation underscores the resilience of the Tampines HDB market despite fluctuations in broader economic conditions. The remaining 61-year lease provides a significant factor in the property’s appeal, particularly for buyers seeking a long-term investment in a well-established residential district. As the HDB market continues to evolve, properties like this one in Tampines will remain attractive for both first-time buyers and seasoned investors, reflecting a robust community infrastructure and accessibility that the area offers.