3 Room (3NG) HDB for Rent in 292 Tampines Street 22

The valuation of this HDB 3-room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $404,208, translating to a price per square foot (PSF) of $550. This pricing reflects a stable market condition, with the market price showing no deviation from the established baseline. Such a scenario indicates a balanced supply and demand, underscoring the consistent desirability of the Tampines district among potential homeowners and investors alike.

With model confidence rated as high, this valuation is supported by a robust dataset of 491 recent HDB resale transactions in the vicinity. The resilience of the market in this area is evident, demonstrating a strong performance despite the typical fluctuations seen in the wider real estate landscape. The remaining lease of 57 years adds a layer of potential to the investment, as buyers often consider the longevity of the lease in relation to future resale opportunities. In conclusion, this property not only represents a solid investment but also embodies the enduring appeal of HDB living in one of Singapore's most sought-after towns.