Common Room (HDB) for Rent in 406 Tampines Street 41

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $83,181, translating to a price per square foot (PSF) of $693. This valuation reflects a significant stability in the current market, as indicated by the zero percent difference from the baseline market price. Such consistency suggests a resilient demand for HDB properties in this region, where the community's amenities and accessibility contribute to a strong residential appeal.

Based on an analysis of 26 recent HDB resale transactions in the vicinity, the model confidence in this valuation is rated as high. This robust dataset provides a comprehensive overview of market dynamics, highlighting the competitive nature of the HDB market in Tampines. As the remaining lease period of 58 years may influence buyer sentiment, it is imperative for potential investors to consider both the lease longevity and the prevailing market trends. Overall, this valuation serves as an insightful indicator of the current state of the HDB market in Tampines, reinforcing its status as a sought-after residential locale.