Common Room (HDB) for Rent in 247 Tampines Street 21

HELIOS AI Analysis

<p>The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $65,779, translating to a price per square foot (PSF) of $548. This valuation reflects the current market dynamics, where the assessed price shows a 0% difference from the baseline, indicating a stable market presence for similar properties in the area. With a high model confidence rating, this valuation has been drawn from an extensive analysis of 500 recent HDB resale transactions in the vicinity, ensuring reliability and accuracy in the current market context.</p> <p>As the HDB market continues to evolve, properties with longer remaining leases tend to attract a wider pool of potential buyers, which is crucial for maintaining value stability. The 56-year lease on this unit positions it favorably, as it still offers sufficient tenure for families looking for a long-term residence. The Tampines area, known for its strategic location and amenities, further enhances the attractiveness of this property. Investors and homebuyers alike should consider these factors when evaluating opportunities in this robust market.</p>