Maisonette HDB for Rent in 863 Tampines Street 83

The HDB Executive unit in Tampines, with a remaining lease of 60 years, presents an estimated value of $909,361, equating to a price per square foot (PSF) of $548. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market conditions. The assessed price, while stable, should be approached with caution due to the low model confidence attributed to this valuation, which is based on a limited dataset of only five recent HDB resale transactions in the area.

In the context of Singapore's dynamic real estate landscape, the remaining lease of 60 years is a critical factor influencing buyer sentiment and property demand. As the lease period diminishes, potential buyers may exhibit hesitance, impacting the overall market valuation of older HDB properties. This scenario is compounded by fluctuations in the overall housing market, which can affect resale prices and investment potential. Therefore, while this HDB Executive unit in Tampines may currently reflect stable pricing, prospective buyers should consider the implications of lease duration and broader market trends in their decision-making process.