3 Room (3NG) HDB for Rent in 252 Tampines Street 21

The valuation of the HDB 3 ROOM unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $408,858, translating to a price per square foot (PSF) of $556. This valuation reflects a market position that is currently aligned with baseline pricing, indicating a 0% difference from the market price. Such stability in valuation suggests a robust demand and a well-balanced supply within this popular residential precinct, which has consistently attracted interest from both first-time buyers and investors alike.

Analysing the market dynamics, the model confidence is rated as high, bolstered by an extensive dataset comprising 490 recent HDB resale transactions in the vicinity. This substantial volume of transactions provides a solid foundation for the valuation, affirming the property’s competitive standing within the local market. Moreover, the remaining lease period of 56 years is noteworthy, as it aligns with the preferences of buyers seeking long-term ownership in a mature estate like Tampines, known for its comprehensive amenities and connectivity. As such, the property is poised to maintain its value in the face of evolving market trends.