4 Room (4A) HDB for Rent in 141 Tampines Street 12

The valuation of the 4-room HDB unit in Tampines reflects a current estimated value of $564,634, equating to a price per square foot (PSF) of $471. This valuation is positioned at the baseline market price, indicating a stable market sentiment in the area. The remaining lease of 56 years is a critical factor influencing the valuation, as it suggests a moderate level of depreciation in long-term value, which is a consideration for potential buyers and investors alike.

Despite the stable market price, the model confidence for this valuation is categorized as low, primarily due to the limited data derived from only 2 recent HDB resale transactions in the vicinity. This scarcity of transaction data may suggest variability in buyer demand and market dynamics, which could impact future resale values. As such, while the current valuation aligns with prevailing market conditions, potential investors should remain cognizant of the lease duration and ongoing market fluctuations that could influence the property’s long-term investment viability.