Common Room (HDB) for Rent in 101 Tampines Street 11

The valuation of the HDB 2 Room unit in Tampines, with an estimated value of $80,574, reflects a solid standing within the current market dynamics, showcasing a price per square foot (PSF) of $625. With a remaining lease of 54 years, this property is positioned strategically within a vibrant district that continues to attract both residents and investors alike. The valuation indicates a market price that demonstrates zero percent difference from the baseline, suggesting a high level of stability in the local property market.

Furthermore, the model confidence in this valuation is rated as high, supported by recent data derived from 54 resale transactions in the vicinity. This robust dataset enhances the reliability of the valuation, indicating a well-informed assessment of the property’s worth amidst current economic conditions. Buyers and investors should note that the remaining lease, while still substantial, may influence future resale opportunities; however, the consistent demand for HDB properties in Tampines suggests resilience against potential depreciation. This scenario positions the property as a viable option for both immediate habitation and long-term investment in the evolving Singapore real estate landscape.