5 Room (5STD) HDB for Rent in 243 Tampines Street 21

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $652,952, translating to a price per square foot (PSF) of $544. This valuation reflects a stable market position, indicated by a market price that shows a 0% difference from the baseline. Such stability suggests a balanced equilibrium between supply and demand within the region, underscoring the resilience of the Tampines HDB market amidst broader economic fluctuations.

The model's high confidence rating, derived from an extensive analysis of 500 recent HDB resale transactions in the vicinity, further reinforces the credibility of this valuation. With the remaining lease of 56 years, potential buyers are likely to weigh the long-term implications of leasehold duration against the attractive price point. The Tampines locality, known for its robust infrastructure and amenities, continues to attract discerning buyers, which is pivotal in maintaining property values and fostering long-term investment potential within the HDB sector.