3 Room (3A) HDB for Sale in 463 Tampines Street 44

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $391,728, translating to a price per square foot (PSF) of $492. This valuation is notably positioned above the baseline market rate by 24.6%, indicating a premium pricing trend in the current HDB market landscape. Such a significant deviation suggests strong buyer interest in this particular segment of the Tampines area, potentially driven by its strategic location and the amenities that the precinct offers.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data pool of only one recent HDB resale transaction in the vicinity. This scarcity of transaction data may impact the reliability of the valuation, as market signals could be influenced by unique factors surrounding that particular sale. Investors and potential buyers should exercise caution and consider broader market trends while evaluating this property, especially in relation to its remaining lease period and the prevailing economic climate affecting the real estate sector.