Common Room (HDB) for Rent in 268 Tampines Street 21

The recent valuation of a 4-room HDB unit in the highly sought-after district of Tampines, with a remaining lease of 57 years, has been estimated at $66,786, translating to a robust $557 per square foot (PSF). This valuation aligns precisely with the baseline market price, indicating a 0% difference, which reinforces the stability of the property’s worth within the current market dynamics. Given that this assessment is based on a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, the model confidence is rated as high, reflecting a reliable forecast of value.

The strong demand for HDB properties in Tampines can be attributed to several key market signals. Firstly, the area's strategic location, well-connected transport links, and proximity to essential amenities contribute significantly to buyer interest. Furthermore, the remaining lease of 57 years positions this property favorably in the eyes of potential buyers, who often weigh the lease duration heavily in their purchasing decisions. As the market continues to evolve, this valuation serves as a compelling indicator of the resilience and attractiveness of HDB living in Singapore, particularly in established districts like Tampines.