Common Room (HDB) for Rent in 942 Tampines Avenue 5

The valuation of the HDB Executive unit in Tampines, with a remaining lease of 58 years, is set at an estimated value of $78,760, translating to a price per square foot (PSF) of $525. This valuation is particularly noteworthy as it reflects a market price that is aligned with the baseline, indicating a stable market condition with no price deviations. Such equilibrium suggests that the property is competitively priced within the current landscape of HDB transactions, reinforcing its attractiveness to prospective buyers.

With a robust model confidence rating of high, this valuation is supported by a comprehensive analysis of 307 recent HDB resale transactions in the vicinity. The consistent demand for properties in the Tampines area, coupled with its strategic location and community amenities, contributes to the resilience of property values despite the remaining lease term. As the market continues to evolve, this HDB Executive unit stands as a testament to the enduring value of well-located properties, even as lease duration diminishes.