Common Room (HDB) for Rent in 895A Tampines Street 81

The subject property, a 4-room HDB unit located in the vibrant district of Tampines, presents a robust valuation of approximately $86,746, translating to a price per square foot (PSF) of $578. With a remaining lease of 61 years, this property is positioned within a prime area that continues to attract interest from both first-time buyers and investors alike. The valuation reflects a market price with a 0% difference from the baseline, indicating a stable equilibrium in the current real estate landscape.

Our analysis is grounded in a comprehensive review of 500 recent HDB resale transactions within the vicinity, which bolsters our model confidence rating at a high level. The data suggests a consistent demand for HDB properties in Tampines, driven by its strategic location, accessibility to amenities, and the overall appeal of the neighborhood. As the market evolves, properties with longer remaining leases, such as this one, are likely to maintain their value, especially amidst the backdrop of Singapore's dynamic housing market.