3 Room (3A) HDB for Sale in 604A Tampines Avenue 9

The valuation of the HDB 3-room property in Tampines, with a remaining lease of 91 years, stands at an estimated value of $652,355, translating to $891 per square foot (PSF). This figure reflects the current market dynamics, showcasing a 3.7% difference from the baseline market price. The relatively stable performance of this property can be attributed to the enduring demand for HDB units in the Tampines area, which is known for its robust amenities and accessibility. This valuation is supported by an analysis of 8 recent HDB resale transactions within close proximity, providing a reliable foundation for the value estimation.

The medium confidence level in this model suggests some variability in market conditions that could affect future valuations. However, with the remaining lease of 91 years, this property benefits from a significant tenure, enhancing its attractiveness to potential buyers. The ongoing development in the surrounding Tampines region further fuels interest in HDB properties, making this a prime opportunity for discerning investors. As the market continues to evolve, close monitoring of resale trends will be essential to understand the long-term potential of this asset.