3 Room (3A) HDB for Rent in 492D Tampines Street 45

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $459,437, translating to $712 PSF. This pricing reflects a stable market condition, as indicated by the market price being at a 0% difference from the baseline. Such equilibrium suggests that the current valuation accurately represents the prevailing market sentiments and demand dynamics, particularly within the HDB resale sector.

With a robust model confidence rating of High, this valuation is supported by an extensive analysis of 488 recent HDB resale transactions in the vicinity. The stability in pricing can be attributed to several factors, including the strategic location of Tampines as a mature estate, which offers a plethora of amenities and excellent connectivity. The remaining lease of 75 years positions this property favorably for prospective buyers, ensuring longevity and a sustained interest in the area. In summary, the current valuation underscores a balanced perspective on HDB market trends while highlighting the intrinsic value of leasehold properties in this sought-after locality.