5 Room (5I) HDB for Rent in 363 Tampines Street 34

The valuation of the HDB 5-room flat in Tampines, with a remaining lease of 67 years, stands at an estimated value of $784,755, translating to $565 per square foot (PSF). This valuation reflects a market signal that is precisely aligned with the baseline, indicating a balanced equilibrium in the current real estate landscape. Such stability is particularly significant in a dynamic market like Singapore, where fluctuations can often lead to varying investor sentiments.

Based on a comprehensive analysis of 145 recent HDB resale transactions in the vicinity, the model confidence for this valuation is rated as high. This is indicative of a robust data set that supports the price point, suggesting that the property is competitively priced given its characteristics and the prevailing market conditions. Furthermore, the remaining lease of 67 years is a critical factor, as it provides potential buyers with a substantial period of ownership while also aligning with current trends where properties with longer leases tend to retain their value more effectively. Overall, this valuation encapsulates the resilience and appeal of the Tampines HDB market, making it an attractive proposition for prospective homeowners and investors alike.