Master Room (HDB) for Rent in 264 Tampines Street 21

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $110,526 or $650 PSF. This valuation is particularly noteworthy given the current market dynamics, which indicate a stable pricing environment with a market signal reflecting a 0% difference from the baseline. Such stability is often indicative of a robust demand for HDB properties in the area, underscoring the attractiveness of Tampines as a desirable location for homebuyers.

Our analysis is grounded in a comprehensive review of 26 recent HDB resale transactions within the vicinity, contributing to a high model confidence rating. This confidence is bolstered by the area's established community infrastructure and amenities, making it a prime target for both first-time buyers and investors. As the remaining lease of 56 years continues to play a significant role in property valuation, it is essential for potential buyers to consider both the longevity of the lease and the competitive pricing in the context of the greater HDB market. The current valuation reflects a balanced consideration of these factors, positioning this property favorably in a market characterized by steady demand and limited supply.