5 Room (5A) HDB for Rent in 162 Tampines Street 12

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 56 years, is estimated at $733,314, translating to a price per square foot (PSF) of $512. This price represents a 0% difference from the baseline market price, indicating a stable valuation amidst the current market dynamics. It is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data pool, with only one recent HDB resale transaction in the vicinity serving as a reference point.

The market for HDB units in Tampines reflects a nuanced balance between demand and supply, particularly for properties with extended lease periods. With 56 years remaining on the lease, potential buyers may cautiously assess the long-term viability of the investment, considering the implications of lease decay on future resale values. This valuation underscores the importance of localized market trends and the need for comprehensive data analysis, which remains essential in guiding stakeholders in making informed real estate decisions.