3 Room (3A) HDB for Sale in 494G Tampines Street 45

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 91 years, stands at an estimated value of $511,312 or $709 PSF. This appraisal reflects a significant market signal, indicating a premium of 13.4% above the baseline valuation, which suggests a robust demand for properties in this well-established neighborhood. The data is underpinned by a comprehensive analysis of 492 recent HDB resale transactions in the vicinity, ensuring a high degree of reliability in our valuation model.

As Tampines continues to evolve into a pivotal residential hub, the attractive lease tenure of 91 years enhances the investment appeal of this property. The elevated confidence in our model is indicative of strong buyer sentiment and a competitive market landscape, where well-located HDB units are increasingly sought after. This valuation not only underscores the intrinsic value of the property but also reflects the broader dynamics within the Singapore real estate market, where demand for quality housing remains resilient despite fluctuating economic conditions.