3 Room (3S) HDB for Sale in 419 Tampines Street 41

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $385,344, translating to $559 PSF. This valuation reflects a significant market signal, indicating that the property is priced 16.3% above the baseline established by comparable transactions in the area. Such a premium suggests robust demand and a competitive market environment, particularly for properties in this well-regarded precinct.

With a high model confidence rating, derived from an analysis of 491 recent HDB resale transactions in the vicinity, this valuation underscores the strong performance of the HDB market in Tampines. The area's appeal, bolstered by amenities and connectivity, continues to attract potential buyers, thereby influencing resale prices. The remaining lease of 58 years is a critical factor, as it balances the longevity of ownership against market expectations for leasehold properties. As the landscape evolves, this valuation serves as a pivotal reference point for stakeholders in the Singapore real estate market.