Common Room (HDB) for Rent in 871 Tampines Street 84

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 62 years, is estimated at $210,924, translating to $703 PSF. This valuation reflects a market price that is in perfect alignment with the baseline, indicating a 0% difference from the established market trend. Such stability in pricing is indicative of a robust demand for HDB properties in this region, particularly given the proximity to essential amenities and transportation networks.

Our analysis is supported by a comprehensive review of 27 recent HDB resale transactions in the vicinity, which reinforces the model's confidence level as high. The consistent pricing observed in this cluster suggests a healthy market dynamic, where buyers are willing to pay a premium for well-located and maintained properties, despite the remaining lease. This resilience in the Tampines HDB market can be attributed to its reputation as a desirable residential area, characterized by its vibrant community, accessibility, and ongoing development initiatives that continue to enhance the locale's attractiveness.