3 Room (3A) HDB for Sale in 209 Tampines Street 21

The valuation of the HDB 3 Room property in Tampines, with a remaining lease of 54 years, has been estimated at $371,876, translating to a price per square foot (PSF) of $461. This valuation reflects a significant market signal, indicating a price that is above the baseline by 39.8%. Such a premium suggests that demand in this particular area may be driven by factors such as location desirability, community amenities, and robust transport links, which are characteristic of the Tampines district.

However, it is important to note that the model confidence rating is classified as low, primarily due to the limited data set used for this assessment, which is based on only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may lead to volatility in valuation, especially in a market characterized by fluctuating buyer sentiment and economic conditions. Investors and potential buyers should exercise caution and consider the implications of the remaining lease in conjunction with the overall market dynamics before making any commitments.