3 Room (3NG) HDB for Rent in 292 Tampines Street 22

The valuation of the 3-room HDB unit in Tampines at an estimated value of $404,208, equating to $550 PSF, reflects a stable market position with a significant degree of confidence. With a remaining lease of 57 years, this property remains an attractive proposition for both buyers and investors, particularly in a market where leasehold considerations are paramount. The current valuation indicates a 0% difference from the baseline market price, suggesting that the property is competitively priced within the local HDB landscape.

The analysis is supported by robust data derived from 491 recent HDB resale transactions in the vicinity, lending credence to the model's high confidence level in this valuation. This consistency with market trends underscores a balanced demand-supply dynamic in the Tampines area, characterized by a resilient resale market. The combination of a favorable lease duration and stable pricing signals a positive outlook for potential homeowners and investors, as the Tampines district continues to be a sought-after location within Singapore's residential landscape.