3 Room (3A) HDB for Rent in 406 Tampines Street 41

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $418,662, translating to $608 PSF. This valuation reflects a market price that shows a 0% difference from the baseline, indicating a stable pricing environment for properties in this region. The absence of fluctuation suggests a balanced demand and supply scenario, which is crucial for potential buyers and investors assessing the viability of this asset.

However, the model confidence for this valuation is classified as low, which necessitates a careful approach when interpreting this data. The analysis is based on 6 recent HDB resale transactions within the vicinity, highlighting a limited sample size that may not fully encapsulate the broader market dynamics. As the remaining lease is a significant factor influencing HDB valuations, prospective buyers should consider the implications of the 58-year lease on future resale potential and market attractiveness. The overall analysis indicates a stable yet cautious outlook for buyers in this segment of the market.