4-Room HDB for Room Rent: 438 Tampines Street 43

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $99,138, translating to a price per square foot (PSF) of $551. This valuation reflects a significant alignment with the market baseline, indicating a 0% difference, which highlights the equilibrium state of the current real estate landscape in this area. Such a stable valuation suggests that demand and supply dynamics are balanced, offering potential buyers a fair entry point into the market.

Our analysis draws upon data from 500 recent HDB resale transactions in the vicinity, underscoring the robustness of this estimate. The high model confidence rating indicates a reliable reflection of current market conditions, particularly in a location like Tampines, which is recognized for its accessibility and community amenities. Furthermore, with 58 years remaining on the lease, prospective buyers can be assured of a substantial duration for investment, making this property an attractive option in the ever-evolving Singapore real estate market.