3 Room (3A) HDB for Sale in 237 Tampines Street 21

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $560,784, translating to $713 PSF. This valuation reflects a market signal indicating a 0.1% difference from the baseline, suggesting that the property’s current price is closely aligned with prevailing market trends. Such a minimal deviation indicates a stable demand and pricing environment within the HDB resale market in this locality.

It is important to note that the model confidence for this valuation is rated as low, primarily due to the limited data set, which is based on only two recent HDB resale transactions in the vicinity. This lack of robust transaction data can introduce volatility in the valuation, particularly when assessing the impact of local market dynamics and buyer sentiment. As the remaining lease period is significant at 75 years, this factor will likely play a crucial role in future appreciation potential. Buyers and investors should remain vigilant to ongoing market trends and shifts in demand that could influence HDB pricing in the Tampines area.