Common Room (HDB) for Rent in 264 Tampines Street 21

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $136,026, translating to a competitive price of $850 per square foot. This valuation reflects a stable market signal, showing no deviation (0%) from the baseline pricing, indicating a well-balanced demand and supply scenario for properties within this segment. Given the high model confidence derived from an analysis of 27 recent HDB resale transactions in the vicinity, this estimate presents a reliable benchmark for potential buyers and investors alike.

In the context of the current market dynamics, the steady valuation underscores the resilience of the HDB sector in Tampines, a region characterized by its robust infrastructure and community amenities. The presence of a substantial remaining lease enhances the investment appeal, as buyers typically favor properties with longer lease tenures. As such, this unit not only represents an accessible entry point for first-time homeowners but also caters to investors seeking sustainable rental yields in a stable market environment.