3 Room (3A) HDB for Sale in 285 Tampines Street 22

This valuation report focuses on a HDB 3-room property located in the highly sought-after district of Tampines, currently appraised at an estimated value of $385,663, translating to approximately $485 PSF. With a remaining lease of 56 years, this property is positioned within a vibrant community that is known for its comprehensive amenities and convenient transport links. However, it is noteworthy that this valuation reflects a market signal that is 29.6% above the baseline, indicating a pronounced premium compared to comparable properties in the vicinity.

The model confidence associated with this valuation is categorized as low, primarily due to the reliance on only two recent HDB resale transactions in the area. This limited data set may not fully capture the broader market dynamics and fluctuations that are characteristic of the Tampines locale. Investors and potential buyers should consider the implications of the remaining lease period alongside current market conditions, as these factors will significantly influence both immediate resale potential and long-term investment viability. The elevated market signal suggests that buyers may need to exercise caution and conduct further due diligence before proceeding with transactions in this competitive segment of the HDB market.