Common Room (HDB) for Rent in 232 Tampines Street 21

The valuation of this HDB 4-room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $81,057, translating to a price per square foot (PSF) of $540. This valuation reflects a market price that is aligned with baseline expectations, indicating a 0% difference from the average market trends in the area. The strong alignment to market norms suggests stability in the HDB resale landscape within Tampines, a region known for its comprehensive amenities and connectivity.

The high model confidence rating is derived from a robust dataset, analyzing 500 recent HDB resale transactions in the vicinity. This extensive data foundation not only enhances the reliability of the valuation but also signifies a well-informed market sentiment among buyers and sellers alike. With the remaining lease being a crucial factor in HDB valuations, the 57-year tenure presents a balanced opportunity for potential homeowners, particularly those interested in securing a property in a sought-after location while maintaining reasonable expectations regarding future capital appreciation.