3 Room (3A) HDB for Sale in 274 Tampines Street 22

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 56 years, is estimated at $391,794 or $498 PSF. This figure reflects a market signal indicating a valuation that is 24.6% above the baseline, suggesting that the property is currently priced at a premium compared to comparable units in the area. Such a significant markup may be attributed to several factors, including the unit's condition, location within a well-established neighborhood, and the ongoing demand for residential properties in Tampines, which has consistently shown resilience in the face of market fluctuations.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on only one recent HDB resale transaction within the vicinity. This limited data set can lead to volatility in valuation estimates, making it imperative for potential buyers and investors to approach this listing with caution. The relatively short remaining lease of 56 years may also impact future resale value and demand, as buyers often consider lease duration as a critical factor in their purchasing decisions. As such, while the current valuation suggests a robust market position, stakeholders should remain vigilant about the evolving dynamics within the HDB market in Singapore.