3 Room (3A) HDB for Sale in 606C Tampines Street 61

The valuation of the HDB 3 Room property located in Tampines, with a remaining lease of 91 years, reflects a noteworthy estimated value of $650,653, translating to a price per square foot of $889. This valuation is indicative of the current market dynamics within the region, showcasing a 4.9% difference from the baseline market price, which suggests a slight premium being placed on properties in this locality.

However, it is essential to note that the model confidence is categorized as low, implying that the valuation may be influenced by fluctuations in market sentiment or external economic conditions. The analysis is based on three recent HDB resale transactions in the vicinity, which serve as a benchmark for understanding current market trends. As the demand for HDB properties, particularly in well-established neighborhoods like Tampines, continues to evolve, potential buyers and investors should remain vigilant about market signals and the implications of lease tenure on property value.