Common Room (HDB) for Rent in 869 Tampines Street 83

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 62 years, stands at an estimated value of $644,901, translating to $576 per square foot (PSF). This valuation is anchored in robust empirical analysis, drawing from a comprehensive dataset of 500 recent HDB resale transactions in the vicinity. The market price reflects a 0% difference from the baseline, indicating a stable market condition where the property is appropriately priced relative to current market trends.

This strong valuation is supported by high model confidence, providing a reliable indication of the property’s worth. The 62-year lease remaining on the unit positions it favorably within the long-term housing landscape of Singapore, particularly in a well-established estate like Tampines, known for its connectivity and amenities. As the market dynamics continue to evolve, this property offers a compelling opportunity for potential buyers, reflecting both the enduring demand for HDB units in this region and the confidence of the resale market in maintaining equilibrium.