5 Room (5I) HDB for Rent in 357 Tampines Street 33

The valuation of the HDB 5 Room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $795,303, translating to $560 per square foot (PSF). This valuation reflects a market price that is consistent with the baseline, indicating a stability in demand and supply dynamics within this suburban enclave. The lack of variation from the baseline suggests a balanced market, where buyer sentiment is aligned with the current pricing structure, resulting in no significant upward or downward pressure on prices.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only two recent HDB resale transactions in the vicinity. This limited data pool may not fully encapsulate the broader market trends and fluctuations that can affect property values in the area. As the HDB market in Singapore continues to evolve, factors such as changes in government policies, demographic shifts, and economic conditions will play crucial roles in influencing future valuations. Buyers and investors should remain vigilant and consider these dynamics when evaluating properties within the Tampines district.