Common Room (HDB) for Rent in 157 Simei Road

The HDB 2 Room unit located in the vibrant precinct of Tampines showcases a robust valuation of $86,605, equating to a price per square foot of $722 PSF. With a remaining lease of 61 years, this property represents a compelling opportunity for potential homeowners and investors alike, particularly in an area characterized by strong community amenities and connectivity. The valuation reflects a market price that is perfectly aligned with the baseline, indicating a stability in demand and supply dynamics in the region.

The assessment is underpinned by a meticulous analysis of 26 recent HDB resale transactions within the vicinity, demonstrating a high model confidence in the valuation. The absence of variance from the baseline price suggests a balanced market environment, where buyer sentiment remains steady and competitive. This equilibrium is essential for prospective buyers to consider, as it denotes a reliable investment in a property with significant remaining lease, thus providing a secure long-term housing option. As the property landscape in Singapore continues to evolve, this HDB unit stands out as a viable asset in the heart of Tampines.