Common Room (HDB) for Rent in 248 Tampines Street 21

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, has been estimated at $65,536, translating to a price per square foot (PSF) of $546. This valuation is grounded in robust analytical methodologies, drawing insights from a comprehensive dataset of 500 recent HDB resale transactions within the vicinity. The model confidence is rated as high, indicating a strong reliability in the valuation outcome, which reflects the resilience and stability of the HDB market in this well-established residential precinct.

Interestingly, the market signal indicates a zero percent difference from the baseline, suggesting that the current valuation aligns perfectly with prevailing market trends. This equilibrium denotes a balanced demand and supply scenario, which is pivotal for prospective buyers and investors. The remaining lease of 56 years further emphasizes the importance of leasehold dynamics in Singapore's real estate landscape, where properties with sufficient lease duration continue to attract buyer interest and maintain their value. Overall, this HDB unit in Tampines exemplifies a sound investment opportunity in a thriving neighborhood, reaffirming the enduring appeal of HDB living in Singapore.