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, stands at an estimated value of $164,978, translating to a price per square foot of $825. This assessment reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently priced in line with prevailing market conditions. Such stability in pricing underscores a well-balanced demand and supply dynamic within the Tampines region, which has historically been a sought-after locale due to its strategic connectivity and comprehensive amenities.

Analysis of 28 recent HDB resale transactions in the vicinity reinforces the model’s confidence in this valuation, rated as high. The consistent pricing trends observed in these transactions highlight the resilience of the HDB market in this area, despite broader economic fluctuations. As the remaining lease of this property is substantial, potential buyers may find it particularly appealing, ensuring long-term value retention and investment security. This unique positioning within the market, augmented by the enduring desirability of Tampines, positions this HDB unit as a compelling opportunity for both homeowners and investors alike.