5 Room (5STD) HDB for Rent in 243 Tampines Street 21

The valuation of the 5-room HDB unit in Tampines, set at an estimated value of $652,047, reflects a price per square foot (PSF) of $543. With a remaining lease of 56 years, this property occupies a vital position within a well-established residential precinct, which is known for its strong community amenities and accessibility. The 0% difference from the baseline market price signals that the property is priced in alignment with current market trends, indicating stability in demand and supply dynamics for HDB dwellings in this region.

Our analysis is backed by a robust model confidence rating of high, supported by data derived from 500 recent HDB resale transactions in the vicinity. This comprehensive dataset allows for a nuanced understanding of the local market conditions, showcasing that the property not only maintains its value but also benefits from the underlying appeal of the Tampines area. As the landscape of HDB properties continues to evolve, the combination of a favorable lease duration and steady market signals positions this unit as a sound investment opportunity for discerning buyers looking to enter or expand within the Singapore real estate market.