4-Room HDB for Room Rent: 278 Tampines Street 22

The valuation of the HDB 4 Room unit located in Tampines reflects a calculated approach based on comprehensive market analysis and recent transaction trends. With an estimated value of $58,082, translating to a price per square foot (PSF) of $484, this property is positioned at a significant equilibrium, showing a 0% difference from the baseline market price. This stability indicates a balanced demand and supply scenario within this well-established residential enclave. The model confidence is rated as high, further reinforcing the reliability of this valuation.

The remaining lease of 56 years is a crucial factor in this valuation, as it influences buyer sentiment and potential future resale value. In the context of HDB properties, a longer lease typically enhances marketability, while a shorter lease may deter some investors. The analysis is substantiated by a robust dataset, encompassing 122 recent HDB resale transactions in the vicinity, which serves to validate the market dynamics at play. As Tampines continues to evolve with ongoing developments and amenities, this property remains an appealing option for both first-time buyers and seasoned investors alike.