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 $633,990, translating to a price per square foot (PSF) of $567. This valuation reflects a stable market signal with a 0% difference from the baseline, indicating that the property is priced in line with current market conditions. Such consistency is indicative of a well-established market segment, where comparable properties have maintained their values amidst fluctuating economic conditions.

Our analysis, based on 500 recent HDB resale transactions in the vicinity, reveals a high model confidence level, affirming the robustness of this valuation. The sustained demand for HDB properties in Tampines, a well-regarded residential district, is influenced by a combination of factors including accessibility to public transport, proximity to educational institutions, and a vibrant community environment. With the average remaining lease of HDB properties in Singapore currently being a crucial determinant of value, this unit's 61-year lease positions it favorably for both current occupants and future investors seeking long-term capital appreciation.