Common Room (HDB) for Rent in 159 Tampines Street 12

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $5,462, translating to a price per square foot (PSF) of $546. This figure is particularly noteworthy, as it reflects a market price that is aligned with the baseline, exhibiting a 0% difference. The stability in pricing signals a balanced demand and supply dynamic within the local HDB resale market, suggesting that buyers are willing to meet the current valuation without significant fluctuations.

Our valuation model, bolstered by a high confidence level derived from 500 recent HDB resale transactions in the vicinity, underscores the robustness of this estimate. The consistency in pricing amidst the remaining lease period indicates a sustained interest in HDB properties in the Tampines area, a locality known for its excellent amenities and connectivity. As such, prospective buyers can view this valuation as a reflection of the underlying market fundamentals, coupled with the assurance that the property retains its intrinsic value even with over half a century of lease remaining.