3 Room (3A) HDB for Rent in 267 Tampines Street 21

This valuation report presents a comprehensive analysis of a 3-room HDB unit located in the vibrant district of Tampines, characterized by a remaining lease of 55 years. The estimated value of the property is pegged at $422,157, translating to a price per square foot of $497. This pricing reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently valued in line with prevailing market conditions.

However, it is important to note that the model confidence for this valuation is classified as low, largely due to the limited data available, with only one recent HDB resale transaction in the vicinity serving as a reference point. This scarcity of comparable transactions can lead to greater volatility in valuations and may impact the reliability of market signals. Consequently, potential investors and homeowners should exercise caution and conduct further due diligence, particularly considering the remaining lease duration, which plays a crucial role in the long-term investment potential of HDB properties in Singapore's dynamically evolving real estate landscape.