2 Room (2A) HDB for Rent in 636C Tampines North Drive 2

The valuation of the HDB 2 Room unit located in Tampines, with a remaining lease of 95 years, stands at an estimated value of $382,165, translating to a price per square foot (PSF) of $824. This figure reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market trends. This stability in pricing can be attributed to the strong demand for HDB properties in the Tampines area, which is characterized by its excellent connectivity and a comprehensive range of amenities.

The model confidence for this valuation is classified as high, founded on a robust analysis of 27 recent HDB resale transactions within the vicinity. The significant volume of transactions not only enhances the reliability of the estimated value but also underscores the sustained interest among buyers in this region. Furthermore, the extended lease duration of 95 years positions this property favorably in the market, as it mitigates concerns related to lease decay, a critical factor influencing HDB valuations. As such, this unit presents a compelling opportunity for potential buyers, aligning well with current market sentiment and demand dynamics.