3 Room (3A) HDB for Rent in 101 Tampines Street 11

The valuation of the HDB 3 Room property in Tampines at an estimated value of $385,774, equating to $478 per square foot, reflects a stable market position with no deviation from the baseline price. This stability is indicative of the current demand for HDB properties in the region, particularly given the remaining lease of 54 years. As the lease term plays a critical role in property valuation, it is essential to note that properties with shorter leases are often perceived as less attractive, yet this particular unit maintains a strong market presence.

With a model confidence rating of high, this valuation is further bolstered by comprehensive data drawn from 175 recent HDB resale transactions in the vicinity. This robust dataset underscores the reliability of the market signal, suggesting that the property is competitively priced within its neighborhood. The consistent market price dynamics indicate a balanced demand and supply scenario, which is favorable for potential buyers and investors seeking long-term value appreciation in the Tampines area. It is crucial for stakeholders to consider both the remaining lease and the current market conditions when making informed decisions regarding HDB investments.