3 Room (3I) HDB for Sale in 412 Tampines Street 41

The valuation of the HDB 3 Room property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $358,020, translating to a price per square foot (PSF) of $554. This figure is notably above the market baseline, showcasing a significant 27.1% premium. Such a deviation suggests that the property is positioned in a desirable segment of the Tampines area, likely driven by attractive amenities, accessibility, and community facilities that appeal to potential buyers. The premium valuation could also reflect a competitive demand for HDB flats within this region, despite the relatively shorter lease term.

However, it is important to note that the model confidence for this valuation is categorized as low, based on the analysis of only five recent HDB resale transactions in the vicinity. This limited dataset may indicate fluctuations in buyer sentiment and market dynamics that could impact future valuations. As the remaining lease of 57 years progresses, potential buyers may need to consider the implications of lease decay, which can influence long-term investment decisions. Therefore, while the current value appears robust, stakeholders should remain vigilant of market trends and leasehold considerations that could affect the property's desirability and valuation trajectory in the years to come.