Common Room (HDB) for Rent in 205 Tampines Street 21

HELIOS AI Analysis

<p>The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 75 years, is estimated at <strong>$104,684</strong>, translating to a price per square foot (PSF) of <strong>$698</strong>. This valuation is indicative of a stable market, as it reflects a <strong>0% difference from the baseline</strong>, suggesting that the property is currently priced in line with prevailing market sentiments. The model confidence for this valuation is deemed high, bolstered by a substantial dataset comprising <strong>500 recent HDB resale transactions</strong> within the vicinity. This robust analytical foundation reinforces the credibility of the estimated value.</p> <p>The current market dynamics in Tampines highlight a balanced demand-supply environment, particularly for HDB units with extended leases. As the region continues to develop, the appeal of this 4-room unit remains strong, drawing interest from both first-time buyers and investors. Notably, the remaining lease length of 75 years is a significant factor that contributes to this valuation, reflecting the enduring demand for HDB properties in established neighborhoods. Overall, this valuation not only underscores the current market conditions but also positions the property as a viable investment in Singapore's ever-evolving real estate landscape.</p>