Room (HDB) for Rent in 855 Tampines Street 83

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 59 years, stands at an estimated value of $101,715, translating to a price per square foot (PSF) of $678. This valuation reflects a significant alignment with current market conditions, showcasing a 0% difference from the established baseline price. Such stability in pricing indicates a balanced demand and supply dynamic in the HDB market, particularly within this sought-after residential precinct.

Our analysis is underpinned by a robust data set, considering 26 recent HDB resale transactions in the vicinity. The high model confidence rating suggests a reliable forecast, reinforcing the notion that properties in this area maintain their value well despite the diminishing lease. The 59-year remaining lease offers a unique proposition for buyers, especially first-time homeowners and investors seeking to capitalize on the thriving Tampines district. As the market continues to evolve, this valuation serves as a crucial benchmark for prospective buyers and sellers navigating the competitive landscape of Singapore's HDB market.