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

The HDB 3-room flat located in the vibrant district of Tampines, with a remaining lease of 58 years, presents a compelling opportunity for potential buyers and investors alike. With an estimated value of $385,861, translating to $560 PSF, this property reflects a market price that is firmly aligned with the baseline, indicating a stable valuation amidst the competitive HDB landscape. The model confidence in this valuation is rated as high, underscoring the robustness of the analysis based on a substantial dataset of 490 recent HDB resale transactions within the vicinity.

In the context of Singapore's real estate market, the remaining lease of this property is a critical factor influencing its value. As potential buyers consider the longevity of their investment, the 58-year lease provides a reasonable timeframe for appreciation, particularly in a location as well-connected and amenity-rich as Tampines. The current market signal, showing a 0% difference from the baseline, highlights a period of price stability, which is indicative of a healthy demand within the HDB sector. Thus, this property not only serves as a desirable home but also as a strategic investment in a resilient market.