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

The valuation of this HDB 2-room unit in Tampines, with a remaining lease of 85 years, is positioned at an estimated value of $175,583, translating to a price per square foot (PSF) of $878. This valuation reflects a significant market signal, indicating an above-market price with a striking 7303.9% difference from the baseline. Such a premium valuation suggests a robust demand for HDB properties in this region, driven by various factors including the area's strategic location, comprehensive amenities, and a strong community infrastructure.

The model confidence for this valuation is rated as high, based on an analysis of 25 recent HDB resale transactions in the vicinity. The data indicates a consistent trend of upward price movement in the local market, bolstered by the enduring appeal of Tampines as a well-planned residential hub. As potential buyers navigate this competitive landscape, the enduring leasehold of 85 years serves as an attractive proposition, particularly for young families and first-time buyers seeking long-term investment security in Singapore's dynamic property market.