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

The valuation of the HDB 4-room property in Tampines, with a remaining lease of 61 years, stands at an estimated value of $634,499, translating to a price per square foot (PSF) of $567. This valuation reflects a robust analysis grounded in empirical data, as it is derived from a comprehensive assessment of 500 recent HDB resale transactions within the vicinity. The model confidence is categorized as high, indicating a strong reliability in the predicted value based on current market dynamics.

Notably, the market signals indicate a 0% difference from the baseline, suggesting that this property is positioned at an equilibrium point relative to comparable listings. This is a critical factor for potential buyers and investors, as it reflects a stable market condition where demand and supply are aligned. The remaining lease of 61 years is also a pivotal component in the valuation; it ensures that the property retains significant livability and investment potential over the coming decades. The dynamics in Tampines, known for its comprehensive amenities and accessibility, further enhance the desirability of this property, making it an attractive option in the current HDB market landscape.