3 Room (3A) HDB for Sale in 494D Tampines Street 43

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 87 years, is estimated at $581,527, translating to approximately $794 PSF. This valuation reflects a market price that is a mere 1.1% difference from the baseline, indicating a relatively stable and resilient pricing environment within this segment of the HDB market. Such minimal variance suggests that the property maintains its appeal and value retention amidst ongoing market fluctuations.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which may imply potential variability in market conditions or limited comparable data. The assessment is based on only two recent HDB resale transactions in the vicinity, which could contribute to a narrower understanding of the current market dynamics. As such, while the current valuation is supported by recent transactions, prospective buyers and investors should consider these factors when evaluating the long-term viability and investment potential of this property, especially given the significant remaining lease that typically enhances the attractiveness of HDB properties in Singapore.