Common Room (HDB) for Rent in 244 Simei Street 5

The current valuation of the HDB 2-room unit in Tampines, with a remaining lease of 68 years, stands at an estimated value of $124,049, translating to a price per square foot of $827. This valuation reflects a market signal indicating no deviation from the baseline price, highlighting a stable pricing environment in this segment of the HDB market. The strong model confidence, rated as high, is derived from a robust analysis of 26 recent resale transactions in the vicinity, providing a comprehensive understanding of the local market dynamics.

Tampines remains a sought-after residential area, characterized by its strategic location and well-developed amenities. The remaining lease of 68 years positions this property as an attractive option for both first-time buyers and investors, as it offers a significant duration for property appreciation. The consistent market price indicates a resilient demand for HDB flats in this region, despite broader economic fluctuations. Buyers can expect a steady investment opportunity, supported by the area's ongoing developments and infrastructure enhancements.