5 Room (5I) HDB for Rent in 663A Tampines Street 64

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 97 years, stands at an estimated value of $964,275, translating to a price per square foot of $814. This valuation is particularly significant as it reflects a market price that shows a 0% difference from the baseline, indicating a stable demand and a balanced market environment in this vibrant precinct. The resilience of the HDB market in this region is further underscored by the high degree of model confidence, which is categorized as High.

The analysis is based on a comprehensive review of 25 recent HDB resale transactions in the vicinity, which provides a robust data foundation for this valuation. Such stability in pricing suggests that buyers are willing to pay a premium for properties in this area, likely due to the well-established infrastructure and amenities that Tampines offers. Furthermore, the remaining lease of 97 years positions this property favorably in the long-term market dynamics, as potential buyers are increasingly prioritizing properties with extended leases, thereby minimizing leasehold concerns. This insight into the market signals and the underlying lease dynamics positions this HDB unit as a compelling option for both investors and homebuyers alike, reflecting the ongoing appeal of HDB living in Singapore.