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 or $891 PSF. This pricing reflects a 3.7% difference from the baseline market price, indicating a modest premium that may suggest a heightened demand for properties in this region. Such a premium is often indicative of the area's desirability, driven by its strategic location, robust amenities, and proximity to essential services.

Analyzing the data from 8 recent HDB resale transactions in the vicinity, the medium confidence level of this valuation highlights a balanced market sentiment. The consistent transaction activity in this locality signifies a stable demand for HDB properties, particularly for units with extended leases. As the remaining lease period is a critical factor influencing property value, the 91-year lease remaining on this unit positions it favorably within the market, appealing to a diverse demographic of potential buyers seeking both investment opportunities and long-term residential stability.