Common Room (HDB) for Rent in 163 Tampines Street 12

The valuation of the 2-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $100,019, translating to a price per square foot (PSF) of $667. This assessment is underpinned by robust market dynamics, reflecting a stable market price with a 0% deviation from the baseline. Such stability indicates a balanced demand and supply scenario in the HDB resale market, particularly in the highly sought-after Tampines district.

Our analysis is bolstered by a comprehensive review of 27 recent HDB resale transactions within the vicinity, which reinforces the model's high confidence rating. The longevity of the remaining lease plays a crucial role in sustaining the unit's value, as properties with extended leases often attract discerning buyers, particularly those seeking long-term residency. The Tampines area, known for its vibrant community and accessibility, continues to be a desirable location, further enhancing the investment appeal of this HDB offering.