Common Room (HDB) for Rent in 140 Tampines Street 12

The valuation of the 2-room HDB unit in Tampines reflects a nuanced understanding of the current real estate landscape, particularly within the HDB segment. With an estimated value of $39,307, translating to $655 PSF, this property is positioned at a market price that shows a commendable 0% difference from the baseline. Such stability in pricing indicates a well-calibrated market equilibrium, suggesting that demand and supply dynamics are in harmony, particularly in the highly sought-after Tampines area.

Importantly, this property has a remaining lease of 57 years, which is a critical factor in its valuation. The remaining lease duration is generally perceived as adequate for potential buyers, allowing them to harness the advantages of ownership while mitigating concerns associated with shorter leases. The high model confidence, derived from a robust analysis of 26 recent HDB resale transactions in the vicinity, substantiates the reliability of this valuation. It underscores the resilience of the HDB market in Tampines, where buyers continue to exhibit interest amid ongoing economic fluctuations.