3 Room (3A) HDB for Sale in 267 Tampines Street 21

The valuation of the HDB 3 Room unit in Tampines, with 55 years remaining on its lease, stands at an estimated value of $440,848, translating to $546 per square foot (PSF). This valuation indicates a premium positioning within the current market, reflecting a significant 13.2% above the baseline value. Such a premium is indicative of the strong demand dynamics prevalent in the Tampines area, where recent transactions have shown robust buyer interest and limited supply.

With a model confidence rating categorized as high, this valuation draws from an extensive analysis of 492 recent HDB resale transactions within the vicinity. The sustained interest in HDB properties in this region is driven by its strategic location, excellent connectivity, and a well-developed infrastructure that includes amenities and educational institutions. As lease durations continue to be a pivotal factor for buyers, the remaining lease of 55 years offers a balanced perspective for prospective homeowners, ensuring a viable investment opportunity in a competitive market landscape.