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

The valuation of the HDB 3 Room unit 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 assessment reflects a robust market signal, indicating a 0% difference from the baseline, which suggests that the property is competitively priced within the local market context. The valuation is substantiated by a comprehensive analysis of 491 recent HDB resale transactions in the vicinity, reinforcing the reliability of the market data and the high confidence level associated with this model.

In the current landscape of the Singapore property market, the dynamics of leasehold properties, particularly HDBs, are critical for investors and homebuyers alike. With a remaining lease of 54 years, this unit presents a unique opportunity, especially in a well-established residential enclave like Tampines. The absence of price deviation from the baseline indicates stability in demand and supply, highlighting the potential for long-term value retention in this area. As urban development continues to evolve and infrastructure improves, the intrinsic value of this HDB property is likely to remain resilient, making it a compelling option for prospective homeowners and investors.