3 Room (3A) HDB for Sale in 109 Tampines Street 11

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 56 years, has been estimated at $386,231, translating to a price per square foot (PSF) of $485. This valuation reflects a significant premium of 20.4% above the baseline market rate, indicating strong demand in the area and a potential shift in buyer sentiment towards properties with longer remaining leases.

However, it is crucial to note that the model confidence for this valuation is categorized as low, suggesting that the data derived from the three recent HDB resale transactions in the vicinity may not fully encapsulate the current market dynamics. Factors such as rising buyer interest in established neighborhoods like Tampines, alongside limited supply of comparable properties, could be driving this premium valuation. Buyers and investors should proceed with caution, weighing the implications of the remaining lease against the heightened market signals.