3 Room (3NG) HDB for Sale in 258 Tampines Street 21

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $427,664, translating to approximately $484 PSF. This valuation is notably above the market baseline, reflecting a significant premium of 19.3%. Such a substantial deviation from typical market prices suggests a unique appeal or competitive advantage associated with this property, which may include its location, amenities, or recent renovations that have enhanced its desirability.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the immediate vicinity acting as a comparative benchmark. This scarcity of comparable sales can lead to volatility in price assessments, as it may not accurately reflect broader market dynamics. Buyers should exercise caution and consider additional factors such as the surrounding property landscape, potential leasehold implications, and future developments in the Tampines area that could influence long-term value.