3 Room (3S) HDB for Rent in 831 Tampines Street 83

This report provides an in-depth analysis of the valuation for a 3-room HDB unit located in the vibrant district of Tampines, with a remaining lease of 58 years. The estimated value of this property stands at $385,861, translating to a price per square foot of $560. This valuation reflects a calculated equilibrium, as indicated by a market price that demonstrates a 0% difference from the baseline. Such stability in pricing suggests a balanced demand and supply dynamic within the HDB market, particularly in this sought-after neighborhood.

The market signal, underpinned by data from 490 recent HDB resale transactions in the vicinity, indicates a high level of confidence in this valuation model. The robust sample size enhances the reliability of this analysis, reinforcing its relevance to potential buyers and investors. As the remaining lease of 58 years is a critical factor, it is essential to monitor the impact of lease duration on future resale values, especially in a locale marked by its comprehensive amenities and strong community infrastructure. Overall, the analysis suggests that this HDB unit represents a competitive opportunity in the current market landscape.