Common Room (HDB) for Rent in 248 Tampines Street 21

The valuation of this HDB 4-room unit in Tampines, with a remaining lease of 56 years, presents a compelling opportunity for potential buyers and investors alike. With an estimated value of $54,613, equating to a price per square foot (PSF) of $546, the property has shown a remarkable resilience in the current market environment. This valuation reflects a stable market price, indicating a 0% difference from the baseline, which suggests that it is accurately aligned with current market conditions.

The valuation is underpinned by a robust data analysis derived from 500 recent HDB resale transactions within the vicinity, providing a high model confidence level. This substantial dataset underscores the reliability of the estimated value, revealing insights into local demand and pricing trends. Moreover, the remaining lease of 56 years is a critical factor, as it strikes a balance between affordability and long-term investment potential. As Tampines continues to develop as a vibrant residential hub in Singapore, this property stands as a testament to the enduring appeal of HDB living in a well-connected and established district.