Common Room (HDB) for Rent in 865 Tampines Street 83

The valuation of the HDB 2 Room property in Tampines, with a remaining lease of 62 years, stands at an estimated market value of $45,700, translating to a price per square foot (PSF) of $703. This valuation is underpinned by a robust analysis of 54 recent HDB resale transactions in the vicinity, reflecting a high level of model confidence in the accuracy of this estimate. The property currently holds a market price that is perfectly aligned with the baseline, indicating a stable and balanced demand and supply dynamic in this popular residential enclave.

Tampines continues to be a highly sought-after location, characterized by its strategic positioning and well-established amenities. The remaining lease of 62 years offers a compelling balance between longevity and immediacy, appealing to both owner-occupiers and investors alike. With the market showing no deviation from baseline pricing, this property not only exemplifies the resilience of HDB values within the region but also highlights the importance of thorough market analysis in understanding the evolving landscape of the Singapore real estate sector.