2 Bed Bungalow (Landed) for Sale in Double Bay Residences

The HDB 2-room property located in Tampines, with a remaining lease of 85 years, has been appraised at an estimated value of $175,583, translating to $878 per square foot (PSF). This valuation positions the property significantly above market expectations, with a remarkable 7303.9% difference from the baseline valuation. Such a premium indicates a robust demand for HDB units in this region, reflecting the area's desirability and the overall strength of the local real estate market.

The high model confidence, based on an analysis of 25 recent HDB resale transactions within the vicinity, reinforces the accuracy of this valuation. The sustained interest in Tampines, driven by its strategic location, comprehensive amenities, and excellent connectivity, suggests that buyers are willing to pay a premium for quality housing options. The remaining lease of 85 years further enhances the appeal, as it provides prospective homeowners with significant longevity in their investment. This dynamic not only underscores the value of the property but also illustrates the broader market trends that favor well-located HDB units in Singapore.