Common Room (HDB) for Rent in 869A Tampines Avenue 8

This analytical summary presents a comprehensive valuation for a 4-room HDB unit located in the highly sought-after region of Tampines, with a remaining lease of 88 years. The estimated value stands at $73,046, translating to a price per square foot (PSF) of $683. This valuation is reflective of current market dynamics where the property exhibits a 0% deviation from the baseline market price, suggesting that it is competitively positioned within the local real estate landscape.

The high model confidence rating, derived from an extensive analysis of 500 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation. The stability in pricing signals a balanced market, where supply and demand are aligned. Moreover, the remaining lease of 88 years adds significant value, as it offers prospective buyers ample time for investment appreciation while ensuring access to a desirable living environment. As Tampines continues to evolve as a vibrant residential hub, this property not only reflects current market sentiments but also promises potential growth in the long-term horizon.