4-Room HDB for Room Rent: 621B Tampines Street 61

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 94 years, stands at an estimated value of $81,022, translating to a price per square foot (PSF) of $810. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced market condition where demand and supply are well-matched, providing a reliable indication of the property’s current market standing.

With a model confidence rating classified as high, this valuation is supported by an extensive analysis of 121 recent HDB resale transactions in the vicinity. The sustained interest in HDB properties within Tampines is attributed to its strategic location, vibrant community amenities, and robust connectivity. As the remaining lease is still substantial, buyers can be assured of longevity and investment potential, which is a critical factor for families seeking both stability and growth in their real estate investments.