5-Room HDB for Room Rent: 351 Tampines Street 33

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 67 years, stands at an estimated value of $67,291, translating to a competitive price per square foot of $561. This valuation is particularly significant as it reflects a stable market condition, evidenced by a market price that shows no deviation from the baseline. Such stability indicates a balanced demand and supply in the region, positioning this property as a notable investment opportunity within the HDB resale market.

With a robust model confidence rating of high, the valuation is underpinned by a comprehensive analysis of 159 recent HDB resale transactions in the vicinity. This extensive dataset not only reinforces the credibility of the estimated value but also highlights key market dynamics that potential buyers should consider. As the remaining lease of the property extends to 67 years, it provides a favorable timeline for residents, aligning with the long-term living aspirations of families in Singapore. Overall, this valuation reflects a well-researched insight into the current state of the HDB market in Tampines, making it an appealing option for discerning buyers.