3-Room HDB for Room Rent: 288 Tampines Street 22

The subject property, a 3-room HDB unit located in the highly sought-after Tampines area, is currently assessed at an estimated value of $75,064, translating to a competitive $500 per square foot (PSF). With a remaining lease of 56 years, this property stands at a critical juncture in the Singapore HDB market, where lease tenure plays a pivotal role in valuation. The premium location of Tampines, known for its robust amenities and connectivity, further enhances the attractiveness of this listing, positioning it favorably against similar offerings in the vicinity.

Market signals indicate a stable pricing environment, with the estimated value reflecting a 0% difference from the baseline, underscoring a balanced supply-demand dynamic in the area. This stability is reinforced by our analysis of 297 recent HDB resale transactions, which provides a strong empirical foundation for the valuation. The high model confidence associated with this assessment suggests that potential buyers and investors can engage with this property with a strong degree of assurance regarding its market positioning and future appreciation potential.