Common Room (HDB) for Rent in 210 Tampines Street 23

The HDB 4-room property located in Tampines, with a remaining lease of 57 years, presents an estimated value of $66,732, translating to a competitive price of $556 per square foot (PSF). This valuation is derived from a robust analysis of recent market activities, specifically 500 resale transactions in the surrounding vicinity, reflecting a strong model confidence rating of high. The property’s valuation indicates a market price that is in line with baseline rates, demonstrating a stable demand in the HDB segment of Tampines.

With the remaining lease period being a critical factor in HDB valuation, the 57 years left on this property positions it favorably for potential buyers and investors. The absence of any deviation from baseline pricing signals a balanced market where supply meets demand, mitigating the risks often associated with properties nearing the end of their lease terms. As such, this property not only represents a sound investment but also embodies the resilient nature of the Tampines real estate market, which continues to attract interest due to its strategic location and community amenities.