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

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 55 years, stands at an estimated value of $368,422, translating to $457 PSF. This figure positions the property significantly above the market baseline, reflecting a notable 41.1% difference. Such a premium suggests a strong demand within the Tampines precinct, likely driven by its comprehensive amenities, accessibility via public transport, and the overall desirability of the district as a vibrant residential hub.

However, it is essential to approach this valuation with caution, as indicated by the low model confidence associated with this estimate. The analysis is grounded on only three recent HDB resale transactions in the vicinity, which may not provide a sufficiently robust dataset to predict market trends accurately. As the property ages, the remaining lease of 55 years will become a critical factor influencing its long-term value, particularly as buyer sentiment increasingly leans towards properties with longer leases. Buyers and investors should therefore consider both the current market dynamics and the implications of lease tenure in their decision-making process.