5-Room HDB for Room Rent: 622B Tampines Avenue 12

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 94 years, is estimated at $792,222, translating to a price of $791 per square foot. This valuation reflects a stable market condition, as evidenced by a 0% difference from the baseline market price. Such stability indicates a well-balanced supply-demand equation in the Tampines region, which is characterized by its robust amenities and accessibility.

With model confidence rated as high and supported by a comprehensive analysis of 130 recent HDB resale transactions in the vicinity, this valuation underscores the enduring appeal of HDB properties in this area. The remaining lease of 94 years is particularly significant, as it provides prospective buyers with a substantial timeframe for ownership, thereby enhancing the investment potential of the property. Overall, the current market dynamics suggest a resilient HDB market in Tampines, where properties maintain their value effectively amidst broader economic fluctuations.