3 Room (3NG) HDB for Rent in 807 Tampines Avenue 4

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $368,002, translating to $566 PSF. This valuation reflects a stable market condition, as indicated by the 0% difference from the baseline, suggesting that the property is priced in alignment with current market expectations. The strong model confidence rating of High reinforces the reliability of this valuation, especially when it draws upon data from 491 recent HDB resale transactions in the vicinity.

In the context of the Singaporean real estate market, particularly for HDB properties, the remaining lease is a critical factor influencing buyer sentiment and property value. With 57 years remaining, this unit offers adequate lease duration for potential homeowners, appealing to both first-time buyers and investors looking for long-term appreciation. The stability in pricing amidst the current market dynamics suggests that Tampines continues to be a sought-after location, characterized by its robust infrastructure and community amenities, which are pivotal in maintaining property values.