2 Room (2I) HDB for Sale in 499A Tampines Avenue 9

The recent valuation of the 2-room HDB in Tampines, with a remaining lease of 85 years, stands at an estimated value of $420,190, translating to a price per square foot (PSF) of $849. This valuation reflects a market signal indicating a 0.5% difference from the baseline, suggesting a stable yet competitive market environment in the current HDB resale landscape. The confidence in this valuation is rated as medium, influenced by the analysis of 8 recent HDB resale transactions in the vicinity, which provides a solid foundation for understanding local market trends.

The longevity of the remaining lease is a critical factor in this valuation, as it assures potential buyers of a significant duration for occupancy and investment potential. The Tampines area continues to be a sought-after residential hub, characterized by its accessibility, amenities, and community facilities. This valuation aligns with the broader market dynamics, where properties with longer leases tend to maintain their value better amidst fluctuating economic conditions. As such, this HDB unit represents not only a viable living space but also an attractive investment opportunity within the robust Singaporean real estate market.