Common Room (HDB) for Rent in 869 Tampines Street 83

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 62 years, stands at an estimated value of $571,723, translating to $511 per square foot. This valuation reflects a stable market price, indicating a 0% difference from the baseline. Such stability is indicative of a balanced demand and supply dynamic within the HDB resale market in this region, particularly given the strong performance metrics derived from the analysis of 85 recent resale transactions in close proximity.

With a model confidence rated as high, the data suggests that this property is well-positioned within the market. The remaining lease of 62 years is particularly significant, as it provides potential buyers with a substantial period of ownership, crucial for long-term investment considerations. As the Tampines area continues to develop and attract residents due to its strategic location and community amenities, this HDB unit exemplifies the resilience of the public housing market amidst broader economic fluctuations.