Master Room (HDB) for Rent in 489C Tampines Street 45

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 62 years, stands at an estimated value of $146,859, translating to a price per square foot of $587 PSF. This assessment reflects a market signal indicating a 0% difference from the baseline price, suggesting that the property is currently aligned with prevailing market conditions without any significant premium or discount. Such stability in pricing is indicative of a balanced supply-demand scenario within the HDB market in this locality.

With a model confidence rating classified as High, this valuation draws upon an extensive analysis of 500 recent HDB resale transactions in the Tampines vicinity. The considerable sample size enhances the reliability of the findings, suggesting that the market for HDB properties in this area maintains a robust performance, bolstered by factors such as accessibility, community amenities, and ongoing urban development. Furthermore, the remaining lease of 62 years positions this property favorably for prospective buyers, as it balances both long-term investment potential and immediate housing needs in a competitive market.