3 Room (3A) HDB for Sale in 613A Tampines North Drive 1

HELIOS AI Analysis

<p>The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 92 years, stands at an estimated value of $516,186, translating to a price per square foot (PSF) of $696. This assessment is rooted in robust market analysis, drawing from a significant sample of 492 recent HDB resale transactions within the vicinity. The model confidence for this valuation is classified as high, underscoring the reliability of the data and the analytical methodologies employed.</p> <p>Interestingly, the current valuation reflects a market signal that is notably above the baseline, registering a 20.1% difference. This upward deviation suggests strong demand and competitive pricing within the Tampines district, a trend that can be attributed to the area's strategic location, well-developed amenities, and favorable demographic characteristics. The extended lease period of 92 years further enhances the appeal of this property, providing prospective buyers with a long-term investment horizon that is increasingly rare in the current market landscape. Such dynamics indicate a resilient HDB market in Tampines, poised for continued interest and potential appreciation.</p>