Common Room (HDB) for Rent in 859C Tampines Walk

The valuation of the 2-room HDB in Tampines, with a remaining lease of 96 years, stands at an estimated value of $126,713, translating to a price per square foot (PSF) of $845. This valuation reflects a stable market position, with a market price showing no deviation from the established baseline, indicating a balanced demand and supply scenario in this well-regarded precinct of Singapore. As one of the more sought-after locations, Tampines offers residents a robust community infrastructure, enhancing the overall desirability of such properties.

The model confidence for this valuation is deemed high, supported by a comprehensive analysis of 26 recent HDB resale transactions within the vicinity. This analytical weight lends credence to the valuation, suggesting that the property is accurately priced within the current market context. Furthermore, the stability in the market price signals a resilient demand for HDB units in Tampines, which is likely to be influenced by ongoing urban developments and the area's accessibility via public transport. As the property market continues to evolve, the longevity of the remaining lease plays a pivotal role in maintaining value, positioning this 2-room HDB as a compelling option for both first-time buyers and investors alike.