3 Room (3NG) HDB for Rent in 140 Tampines Street 12

In the dynamic landscape of Singapore's real estate market, the valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $404,227, translating to a price per square foot (PSF) of $550. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that current pricing is aligned with recent trends and market expectations. The model confidence is rated as High, underscoring the robustness of the analysis, which is based on data from 492 recent HDB resale transactions in the surrounding area.

The stability of the valuation is indicative of the broader market conditions in Tampines, a region recognized for its strategic location and comprehensive amenities. With the remaining lease of 57 years, potential buyers are likely to weigh the implications of lease decay against the competitive pricing evident in the current market. Given the high model confidence and the comprehensive dataset, this valuation serves as a reliable benchmark for both sellers and buyers navigating the nuanced landscape of HDB transactions in Tampines.