Common Room (HDB) for Rent in 240 Tampines Street 21

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 56 years, reflects a precise estimate of $120,292, translating to a robust $547 per square foot (PSF). This valuation is particularly noteworthy as it indicates a market price that is in perfect alignment with the baseline, showcasing a 0% difference. Such consistency signals a stable market environment, where buyers and sellers are operating within a balanced framework, thus enhancing the confidence of potential investors.

Moreover, the model confidence rating is assessed as high, substantiated by data derived from 500 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the accuracy of the valuation but also underscores the vibrant demand within the Tampines area—a locality known for its comprehensive amenities and connectivity. As the remaining lease period stands at 56 years, it is crucial to note that properties with moderate lease durations are often seen as viable investment opportunities, particularly in a market characterized by steady appreciation trends. Therefore, this HDB unit presents an attractive proposition for potential homeowners and investors alike, set against a backdrop of enduring market resilience.