Common Room (HDB) for Rent in 298 Tampines Street 22

The valuation of the HDB 2 Room in Tampines, with a remaining lease of 75 years, stands at an estimated value of $81,941, translating to a price per square foot (PSF) of $845. This valuation is particularly significant as it reflects a market price that is consistent with the baseline—indicating a 0% difference—suggesting stability in this segment of the HDB market. The high model confidence level underscores the reliability of this estimate, which is supported by an analysis of 26 recent HDB resale transactions in the vicinity.

In the context of Singapore's real estate landscape, the remaining lease of 75 years is a critical factor, as it provides a substantial window for prospective buyers. This extended lease term contributes positively to the property’s appeal, particularly for first-time homeowners and investors looking for long-term value retention. Moreover, the stable market price signals a healthy demand-supply equilibrium in the Tampines area, which has historically been a sought-after location due to its accessibility and amenities. Overall, this analysis positions the HDB 2 Room as a solid investment opportunity within a resilient market framework.