Common Room (HDB) for Rent in 618B Tampines Street 61

The valuation of the 2 Room HDB unit in Tampines, with a remaining lease of 94 years, stands at an estimated value of $83,659, translating to a price per square foot (PSF) of $837. This valuation is particularly noteworthy as it reflects a precise market price, indicating a 0% difference from the baseline. Such stability in pricing suggests that the property is well-positioned within the current market dynamics, with demand and supply factors aligning effectively.

Our analysis is underpinned by a robust model confidence rating of High, derived from a comprehensive review of 26 recent HDB resale transactions in the vicinity. This significant dataset enhances the reliability of the valuation, allowing potential buyers and investors to proceed with a strong sense of assurance. As the HDB market continues to evolve, this property not only exemplifies the enduring appeal of the Tampines district but also highlights the attractiveness of long leasehold properties, which are increasingly sought after in Singapore’s competitive real estate landscape.