Common Room (HDB) for Rent in 231 Tampines Street 21

The valuation of the 2-room HDB unit in Tampines, with a remaining lease of 57 years, reflects a strategic positioning within the current market dynamics. Estimated at $165,971 or $664 PSF, this valuation indicates a stable market price, with no significant deviation from the established baseline. The data is underpinned by a robust analysis of 25 recent HDB resale transactions in the vicinity, enhancing the credibility of this valuation and showcasing the consistency of pricing within the area.

With a high model confidence rating, the assessment underscores the resilience of the HDB market in Tampines, where demand consistently aligns with the available supply. The remaining lease of 57 years is a critical factor, as it reflects a balance between longevity and the potential for future appreciation. As the market continues to evolve, this property stands as a strong candidate for both investors and homebuyers, indicating a solid entry point into the flourishing Tampines landscape.