3 Room (3A) HDB for Sale in 202 Tampines Street 21

The valuation of the HDB 3-room property located in Tampines, with a remaining lease of 55 years, stands at an estimated value of $440,848, translating to a price per square foot (PSF) of $546. This valuation indicates a market signal that is notably above the baseline, reflecting a 6.6% premium over comparable transactions. Such a significant deviation from the market norm suggests robust demand for HDB properties in this well-established precinct, characterized by its extensive amenities and connectivity.

Our analysis is underpinned by a high model confidence derived from a comprehensive review of 492 recent HDB resale transactions in the vicinity, reinforcing the reliability of our valuation. The remaining lease of 55 years, while moderate, is balanced by the strong demand dynamics present in the Tampines area, which continues to attract buyers due to its strategic location and community offerings. Investors and homeowners alike should consider this valuation within the broader context of Singapore’s evolving real estate landscape, where the interplay of supply, demand, and demographic trends significantly influences HDB market performance.