5 Room (5I) HDB for Rent in 256 Tampines Street 21

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $610,884, translating to a price per square foot (PSF) of $469. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is priced in alignment with current market expectations without notable appreciation or depreciation. This stability may point to a balanced demand and supply scenario in the area, although further insights into broader economic factors could elucidate potential shifts in pricing dynamics.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity serving as the basis for this estimate. The sparse transaction history may impact the reliability of the valuation, highlighting the need for cautious interpretation. As the remaining lease is a critical factor in HDB valuations, prospective buyers should weigh the implications of the 56-year lease against their long-term investment strategies and the evolving landscape of the HDB market in Singapore.