3 Room (3NG) HDB for Rent in 252 Tampines Street 21

In the vibrant district of Tampines, the valuation of a 3-room HDB unit with a remaining lease of 56 years stands at an estimated value of $408,858, translating to a significant $556 per square foot. This valuation reflects a market price with a 0% difference from the baseline, indicating a stable and balanced market condition. Such stability is particularly noteworthy given that the property's value is supported by a robust dataset of 490 recent HDB resale transactions in the vicinity, showcasing the resilience of the Tampines real estate market.

The model confidence in this valuation is classified as high, underscoring the reliability of the data underpinning this assessment. As the HDB lease dynamics play a crucial role in the pricing strategy, the remaining 56 years of leasehold tenure presents a favorable opportunity for both first-time buyers and investors alike. The equilibrium in the current market signals a potential for steady appreciation, making this property an appealing consideration for those seeking to establish a foothold in one of Singapore's well-connected and thriving residential locales.