3 Room (3A) HDB for Rent in 212 Tampines Street 23

The valuation of the 3-room HDB in Tampines, with a remaining lease of 57 years, stands at an estimated value of $377,634, translating to a price per square foot of $524. This valuation reflects a consistent market signal, exhibiting a 0% difference from the baseline, indicating stability in pricing trends within the vicinity. The high model confidence is supported by a robust dataset of 329 recent HDB resale transactions, underscoring the reliability of this valuation in the current market environment.

In the context of HDB properties, the remaining lease is a critical factor influencing value perception among potential buyers. With 57 years left on the lease, this property presents a balanced investment opportunity, appealing to both first-time homeowners and seasoned investors. The Tampines area is known for its vibrant community amenities and accessibility, which further enhances the desirability of this unit. As market dynamics evolve, the stable valuation suggests that this HDB property is well-positioned to maintain its appeal in the competitive landscape of Singapore’s real estate market.