3 Room (3A) HDB for Rent in 201A Tampines Street 21

The valuation of this HDB 3-room unit in Tampines, with a remaining lease of 58 years, has been estimated at $403,235, translating to a price per square foot of $576. This figure reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. Such stability in pricing can be indicative of a balanced demand-supply scenario within the HDB resale market in this region.

Based on a robust analysis of 491 recent HDB resale transactions in the vicinity, we observe a high level of model confidence in this valuation. The Tampines area, known for its strategic location and comprehensive amenities, continues to attract homebuyers, contributing to the resilience of property values despite the diminishing lease terms. As the remaining lease impacts buyer sentiment and financing options, properties with a longer lease term may command a premium. However, the HDB 3-room in question remains competitively positioned, reflecting the enduring appeal of the HDB market in Singapore.