3 Room (3NG) HDB for Sale in 104 Tampines Street 11

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 55 years, stands at an estimated value of $356,985, translating to $461 per square foot (PSF). This assessment indicates a compelling market signal, with the property priced 34.5% above the baseline. Such a substantial premium suggests that the unit may be positioned favorably within the local market, potentially reflecting heightened demand driven by the area's appeal and amenities.

However, it is important to note that the model confidence is categorized as low, primarily due to the reliance on only two recent HDB resale transactions in the vicinity. This limited data set raises questions about the consistency of market trends, especially considering the complexities associated with HDB properties and their lease durations. As the remaining lease period decreases, potential buyers may exhibit varying levels of interest, further complicating valuation accuracy. Investors should exercise caution and consider broader market dynamics and historical trends when evaluating this property.