Common Room (HDB) for Rent in 104 Tampines Street 11

In the heart of Tampines, this HDB 4-room unit presents a compelling opportunity for prospective homeowners and investors alike. With a remaining lease of 55 years, the property is currently valued at approximately $83,428, translating to a price per square foot of $521. This valuation reflects an important market signal, indicating a 0% difference from the baseline price, which suggests a stable market environment where demand and supply dynamics are well-aligned.

Our analysis, grounded in a robust dataset of 500 recent HDB resale transactions within the vicinity, underpins a high model confidence in this valuation. The absence of price fluctuation indicates a resilient property market in Tampines, characterized by steady demand for HDB units, even as the lease duration decreases. Potential buyers should note that while the remaining lease is significant, it remains imperative to consider the long-term implications of leasehold tenure on property value and resale potential in Singapore’s evolving real estate landscape.