4 Room (4S) HDB for Rent in 137 Simei Street 1

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 60 years, stands at an estimated value of $468,089, equating to a price per square foot (PSF) of $518. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment in the area. The current valuation is derived from recent HDB resale transactions, specifically two comparable sales within the vicinity, which provide a limited but insightful data point to inform this assessment.

It is important to note that the model confidence for this valuation is categorized as low, indicating potential volatility in market perceptions and price adjustments. The remaining lease of 60 years can also play a significant role in future value fluctuations, as properties with shorter leases often face increased buyer skepticism, impacting resale potential. As the market dynamics evolve, observers should monitor both the local economic factors and broader trends in HDB transactions to better gauge the future trajectory of property values in this region.