3 Room (3S) HDB for Rent in 831 Tampines Street 83

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $366,800, translating to a price per square foot of $532. This valuation is particularly noteworthy as it reflects a market price that shows a 0% difference from the baseline, indicating a stable pricing environment amidst varying market conditions. The HDB market in Tampines has demonstrated resilience, supported by a steady demand for public housing in this well-connected and mature estate.

It is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset derived from only two recent HDB resale transactions in the vicinity. This limited transaction volume may affect the robustness of the valuation model, underscoring the need for potential buyers and investors to approach this opportunity with a discerning eye. As the remaining lease falls within the critical threshold for buyer sentiment, prospective purchasers should consider both the long-term lease implications and the evolving market dynamics in Tampines, which may further influence property desirability and value retention in the years to come.