Common Room (HDB) for Rent in 872 Tampines Street 84

In the current landscape of Singapore's real estate market, the valuation of the HDB 2-room unit in Tampines demonstrates a noteworthy equilibrium, with an estimated value of $69,861 or $699 PSF. This valuation reflects a market price that is aligned with the baseline, indicating no deviation and suggesting a stable demand-supply dynamic within the vicinity. The remaining lease of 62 years is a critical factor, as it positions the property within a competitive bracket but also highlights the need for potential buyers to consider long-term investment implications associated with shorter lease tenures.

The model confidence for this valuation is categorized as High, bolstered by a robust dataset derived from 26 recent HDB resale transactions in the area. This analytical rigor underscores the reliability of the market signals, reinforcing the property's value proposition in a district characterized by accessibility and community amenities. As Tampines continues to evolve as a vibrant residential hub, it is imperative for prospective buyers and investors to remain cognizant of the lease duration and its impact on future resale potential and market attractiveness.