Common Room (HDB) for Rent in 618B Tampines Street 61

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 94 years, reflects a calculated estimate of $68,321, translating to a price per square foot (PSF) of $683. This assessment is grounded in robust data analysis, drawing insights from 500 recent HDB resale transactions within the vicinity, showcasing a strong confidence level in the model employed. The market signal indicates a neutral stance, with the estimated value exhibiting a 0% difference from the baseline, suggesting stability in pricing dynamics in this well-established residential area.

Tampines, known for its strategic location and comprehensive amenities, continues to attract buyers looking for both investment opportunities and comfortable living spaces. The remaining lease of 94 years positions this property favorably, aligning with the preferences of prospective homeowners who often prioritize longevity in lease terms. As the HDB market evolves, this valuation serves as a significant marker, reflecting current demand and supply trends while underscoring the enduring appeal of HDB properties in Singapore’s residential landscape.