3 Room (3NG) HDB for Rent in 292 Tampines Street 22

The valuation of the HDB 3-room unit located in Tampines, with a remaining lease of 57 years, stands at an estimated value of $374,389, equating to $509 PSF. This valuation reflects a market price that indicates a 0% difference from the baseline, suggesting that the property is currently aligned with prevailing market conditions. The stability of this price point is indicative of a balanced demand and supply scenario within the HDB resale market in this locality.

The high model confidence, derived from an analysis of 332 recent HDB resale transactions in the vicinity, reinforces the reliability of this valuation. It signals a robust market environment where buyers and sellers are engaged in transactions that reflect genuine market sentiment. The remaining lease of 57 years is a critical factor in this assessment, as it positions the property within a favorable tenure that appeals to a broad spectrum of potential buyers, particularly young families and investors looking for long-term housing solutions in a well-established neighborhood like Tampines.