3 Room (3A) HDB for Sale in 240 Tampines Street 21

HELIOS AI Analysis

<p>In evaluating the HDB 3-room unit located in the vibrant precinct of Tampines, we note a current estimated value of <strong>$443,558</strong>, equating to <strong>$557 PSF</strong>. This valuation reflects a significant market signal, indicating an appreciation of <strong>14.5%</strong> above the baseline for similar properties in the area. Such a premium suggests that this unit is highly sought after, likely due to its strategic location and the comprehensive amenities that Tampines offers, including shopping malls, schools, and parks.</p> <p>The remaining lease of <strong>56 years</strong> on this property contributes to its valuation dynamics. In Singapore’s real estate landscape, the length of the lease plays a pivotal role in market sentiment and buyer confidence. The high model confidence—derived from an analysis of <strong>492 recent HDB resale transactions</strong> in the vicinity—reinforces the robust demand for HDB properties in this locale. As a result, prospective buyers may find this valuation both justified and indicative of the ongoing desirability of living in Tampines, further supported by the area's continuous development and enhancement of community facilities.</p>