Common Room (HDB) for Rent in 613A Tampines North Drive 1

The valuation for the 4-room HDB unit in Tampines, with a remaining lease of 92 years, is estimated at $170,667, translating to a competitive $683 per square foot (PSF). This valuation reflects a market signal indicating no deviation from the baseline, suggesting a stable demand and supply equilibrium in the region. The consistent pricing is underpinned by robust market performance, as evidenced by the analysis of 500 recent HDB resale transactions within the vicinity, which provides a solid foundation for this valuation.

Furthermore, the high model confidence rating underscores the reliability of these figures in the context of current market dynamics. With the remaining lease being a significant factor for prospective buyers, the 92-year tenure aligns well with the preferences of families seeking long-term residence in a mature estate like Tampines. This locality is characterized by its strategic connectivity, comprehensive amenities, and vibrant community, further enhancing the property’s appeal. As such, this valuation not only reflects the current market state but also positions the property favorably for future appreciation potential within Singapore's evolving real estate landscape.