Common Room (HDB) for Rent in 168A Simei Lane

In the vibrant and sought-after precinct of Tampines, this HDB 2-room unit presents a unique investment opportunity with an estimated value of $90,721, translating to a competitive $848 PSF. With a remaining lease of 84 years, the property fits well within the profile of buyers seeking longevity and stability in their housing investment. The valuation reflects the current market dynamics, showcasing a 0% difference from the baseline, indicating that the property is accurately priced in line with recent market trends.

The analytical assessment is grounded in a comprehensive review of 15 recent HDB resale transactions within the vicinity, providing a reliable benchmark for valuation confidence, categorized as medium. This confidence level suggests a balanced approach to the pricing strategy, considering factors such as neighborhood amenities, transport connectivity, and the overall desirability of the Tampines area. As the market evolves, potential buyers and investors should remain attentive to the dynamics at play, particularly the implications of lease longevity on property value appreciation within this thriving estate.