3-Room HDB for Room Rent: 207 Tampines Street 21

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $140,781, translating to a competitive $640 per square foot. This valuation reflects the current market dynamics, indicating a stable environment with a 0% difference from the baseline. Given the substantial data set of 488 recent HDB resale transactions in the vicinity, this estimate is underpinned by robust analytical confidence, categorized as high.

The remaining leasehold tenure of 66 years is a critical factor in the valuation, as it aligns with buyer sentiment favoring properties with extended lease terms. In the context of Tampines, a mature and well-developed residential area, the property benefits from a well-established infrastructure and amenities, further enhancing its desirability. The absence of fluctuations in market pricing signals a balanced demand-supply scenario, which is indicative of a resilient housing market. As such, potential investors and homeowners can approach this valuation with a sense of assurance regarding the longevity and stability of their investment in this prime HDB asset.