3 Room (3A) HDB for Rent in 258 Tampines Street 21

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $417,839, equating to a price per square foot (PSF) of $571. This valuation reflects a market price that is consistent with the baseline, indicating a stable demand within this segment of the HDB market. The flat's relatively long remaining lease enhances its appeal, as properties with extended leases typically attract a broader range of buyers, particularly those looking for long-term residency in a well-established estate.

Despite the current market stability, it is important to note that the model confidence for this valuation is categorized as low, derived from a limited data set consisting of only one recent HDB resale transaction in the vicinity. This scarcity of comparable sales may suggest potential volatility in pricing dynamics, as local market conditions could rapidly shift based on broader economic factors or changes in buyer sentiment. Therefore, while the valuation appears sound based on current metrics, prospective buyers and investors should remain vigilant and consider the fluctuating nature of the HDB resale market in Tampines.