Common Room (HDB) for Rent in 230C Tampines Street 24

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $86,085 or $717 PSF. This valuation reflects a market price that is aligned with the baseline, indicating a 0% difference from the prevailing market trends. Such stability in valuation suggests a well-balanced demand and supply dynamic in the region, corroborated by robust market activity.

With the analysis based on 500 recent HDB resale transactions in the vicinity, the model confidence is rated as high. This indicates a strong reliability in the valuation metrics employed, showcasing the property’s competitive positioning within the market. The remaining lease of 75 years adds a layer of appeal, as buyers often perceive longer leases as a significant advantage, potentially enhancing future resale value. The Tampines area remains a sought-after locale due to its comprehensive amenities and connectivity, making this valuation not only reflective of current market conditions but also indicative of the enduring demand for HDB properties in this vibrant district.