3-Room HDB for Room Rent: 827 Tampines Street 81

The HDB 3 Room property located in the vibrant district of Tampines presents a unique opportunity within the Singapore housing market, especially given its remaining lease of 57 years. With an estimated value of $58,908, translating to a price per square foot (PSF) of $536, this property is positioned at a market price that reflects a 0% difference from the baseline. This stability suggests a relatively balanced demand and supply in the local real estate landscape, which is particularly noteworthy considering the inherent volatility often seen in property markets.

However, it is essential to note the low model confidence associated with this valuation, which stems from the limited data set—only one recent HDB resale transaction in the vicinity has informed this estimate. Such data scarcity can lead to fluctuations in perceived property value and market sentiment. Buyers and investors should remain cautious and consider the implications of the remaining lease period, as properties with shorter leases may experience diminished demand in future market cycles. Overall, while this HDB unit offers potential for ownership in a well-connected area, thorough due diligence and a keen awareness of ongoing market dynamics are crucial for any prospective buyer.