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

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 91 years, stands at an estimated value of $652,355, translating to a price per square foot of $891. This valuation reflects a market signal indicating a 3.7% difference from the baseline, suggesting a slightly upward trajectory in property prices within this vibrant district. Given the recent trends in the HDB resale market, this unit's valuation is aligned with the ongoing demand for housing in this well-connected and amenity-rich area.

Our analysis is based on data from 8 recent HDB resale transactions in the vicinity, which enhances the reliability of this estimate despite the medium confidence level attributed to the model. The 91-year remaining lease is a significant factor, as it offers prospective buyers a substantial tenure to appreciate their investment. Furthermore, the Tampines locality is known for its robust infrastructure and community amenities, which continue to drive demand. This analysis underscores the importance of both lease duration and local market dynamics in determining property value.