3 Room (3A) HDB for Sale in 890A Tampines Avenue 1

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 87 years, has been estimated at $631,060, translating to $849 PSF. This valuation reflects a 2.5% deviation from the baseline market price, indicating a slight adjustment in the current market dynamics. The minor fluctuation suggests a stable yet competitive environment where buyers are actively seeking properties with substantial lease durations, particularly in well-established neighborhoods like Tampines.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set comprising only two recent HDB resale transactions in the vicinity. This scarcity of comparable sales may not adequately reflect the broader market trends or the unique attributes of this property. As such, prospective buyers and investors should consider the potential implications of lease length on future resale value and marketability, particularly as the property ages within Singapore’s evolving real estate landscape.