Common Room (HDB) for Rent in 840 Tampines Street 82

The valuation of the HDB 2-room unit in Tampines, with an estimated value of $65,075, reflects a calculated assessment based on current market dynamics and the remaining lease of 58 years. Priced at $671 per square foot, this property positions itself competitively within the local market, demonstrating a stable valuation with no deviation from the baseline market price. This indicates a balanced demand-supply scenario in the vicinity, where recent transactions have facilitated a clear understanding of the pricing trends.

Our analysis is grounded in robust data, having considered 27 recent HDB resale transactions in the area, which lend a high degree of confidence to this valuation. The remaining lease of 58 years is a critical factor in this assessment, as properties with longer leases typically attract a wider pool of buyers, thereby enhancing stability in pricing. As such, the current valuation not only reflects the intrinsic value of the property but also signals the underlying strength of the HDB market in Tampines, potentially making it an attractive option for first-time buyers and investors alike.