Room (HDB) for Rent in 343 Tampines Street 33

This valuation report provides an in-depth analysis of a HDB 2-room unit located in the vibrant district of Tampines, which currently has a remaining lease of 67 years. The estimated market value stands at $138,608, translating to a price per square foot of $770. This valuation reflects the property's competitive positioning within the local real estate market, showing a 0% difference from the baseline price. Such stability indicates a balanced market environment, wherein the demand for HDB units remains consistent amidst evolving economic conditions.

The model confidence for this valuation is assessed as high, supported by an analysis of 26 recent HDB resale transactions in the vicinity. This robust dataset underlines the reliability of the market signals, suggesting a healthy demand for HDB properties in Tampines. As the area continues to develop, with enhancements in infrastructure and community amenities, the long-term viability and appreciation potential of this property remain promising. Buyers can be assured that investing in this HDB unit not only offers immediate value but also aligns with the broader market dynamics in Singapore's residential landscape.