3 Room (3A) HDB for Sale in 909 Tampines Avenue 4

This valuation report presents an analytical overview of a 3-room HDB unit located in the vibrant district of Tampines, with a remaining lease of 56 years. The estimated value of this property is positioned at $394,915, translating to a price per square foot (PSF) of $502. Notably, this valuation reflects a premium above the current market baseline by approximately 17.7%, indicating a strong demand within the locality that may be influenced by its proximity to essential amenities and transportation hubs.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction available for comparative analysis in the vicinity. This lack of robust transactional data may introduce variability in the estimated value, warranting a cautious approach for potential investors and homeowners alike. As the market dynamics in Singapore continue to evolve, the performance of HDB properties, particularly those with a shorter remaining lease, will be influenced by factors such as buyer sentiment, economic conditions, and the overall supply-demand equilibrium in the real estate landscape.