Multi Gen HDB for Rent in 454 Tampines Street 42

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $321,829, translating to a price per square foot (PSF) of $644. This valuation reflects a market price that is 0% different from the baseline, indicating a stable equilibrium in the local property market. Such stability is significant, particularly in a dynamic real estate environment where fluctuations can often skew perceived value.

Analysis based on 500 recent HDB resale transactions in the vicinity demonstrates a high model confidence in this valuation. The consistent demand for properties in Tampines, combined with its strategic location and robust amenities, contributes to the resilience of HDB prices in this area. With a remaining lease of 66 years, this property offers a balanced opportunity for both homeowners and investors, as it falls within the desirable threshold for leasehold properties, ensuring sustained interest in the market. The interplay of these factors underscores the long-term viability of this investment in a well-established district.