4-Room HDB for Room Rent: 869 Tampines Street 83

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 61 years, stands at an estimated value of $573,378, translating to a price per square foot (PSF) of $512. This valuation reflects a market signal indicating a stable demand, with the current price showing a 0% difference from the baseline. Such stability suggests that prospective buyers are willing to pay the market rate, highlighting a balanced interplay between supply and demand within this particular segment of the HDB market.

The confidence level in this valuation is categorized as high, supported by a robust dataset drawn from 161 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the reliability of the estimated value but also underscores the growth potential of the Tampines area, known for its strategic amenities and connectivity. As the remaining lease of 61 years signifies a substantial duration of ownership, it is likely to appeal to families and investors alike, ensuring that the property remains an attractive option in Singapore's dynamic real estate landscape.