Common Room (HDB) for Rent in 406 Tampines Street 41

The valuation of the HDB 2 Room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $103,977, translating to a price per square foot (PSF) of $693. This valuation reflects a market price with a 0% difference from the baseline, indicating a stable pricing environment in the area. Such stability is significant, considering the ongoing fluctuations in the Singapore real estate market, particularly within the HDB sector.

Analysis based on 26 recent HDB resale transactions in the vicinity provides a robust foundation for this valuation, showcasing a high model confidence level. The remaining lease of 58 years is a critical factor influencing the property’s appeal; it positions the unit within a desirable timeframe for both owner-occupiers and investors alike. As the market continues to navigate through various economic conditions, this valuation not only underscores the resilience of the Tampines HDB market but also highlights the ongoing demand for properties with sustainable leases. The data suggests that potential buyers can approach this opportunity with a high degree of confidence, knowing they are investing in a property with stable market dynamics.