3-Room HDB for Room Rent: 101 Tampines Street 11

The valuation of the 3-room HDB in Tampines, with a remaining lease of 54 years, stands at an estimated value of $57,314, translating to a price per square foot (PSF) of $521. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. The analysis is grounded in a thorough examination of 491 recent HDB resale transactions in the vicinity, providing a robust dataset to support these findings.

With a high model confidence rating, this valuation underscores the resilience of the HDB market in Tampines, characterized by steady demand and a balanced supply. The remaining lease period of 54 years, while significant, does not appear to deter potential buyers in this thriving precinct, known for its strategic location and well-developed infrastructure. As market dynamics evolve, this property presents a compelling opportunity for investors and homeowners alike, reflecting the enduring appeal of HDB living in Singapore.