Common Room (HDB) for Rent in 636C Tampines North Drive 2

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 95 years, reflects a robust market position with an estimated value of $164,978 or $825 PSF. This valuation is particularly significant as it aligns perfectly with the current market price, indicating a 0% difference from the baseline. Such stability in pricing suggests a well-balanced demand and supply dynamic in the area, making this property an attractive option for both first-time buyers and investors alike.

Supported by data from 28 recent HDB resale transactions in the vicinity, the model confidence for this valuation is rated as high, reinforcing the reliability of the analysis. The long remaining lease of 95 years enhances the property’s appeal, as it provides potential homeowners with a sense of security and longevity that is highly sought after in the HDB market. As Singapore continues to evolve, properties in established neighborhoods like Tampines are expected to maintain their value, making this offering a strategic addition to any property portfolio.