3 Room (3S) HDB for Rent in 462 Tampines Street 44

The valuation for the HDB 3 Room unit located in Tampines, with a remaining lease of 66 years, stands at an estimated value of $534,868, translating to a price per square foot (PSF) of $654. This valuation reflects a market signal that is perfectly aligned with the baseline, indicating a 0% difference. Such stability suggests that the property is currently positioned at a fair market value, particularly when considering the limited recent transactional data available in the area.

It is noteworthy that the model confidence is categorized as low, primarily due to reliance on only one recent resale transaction within the vicinity. This limited transactional evidence may not effectively capture the broader market dynamics, especially considering the diverse influences that can affect HDB valuations, such as demographic trends, economic conditions, and the unique attributes of the property itself. As Tampines continues to evolve as a vibrant residential hub, future demand dynamics may significantly impact the long-term value of this HDB unit, emphasizing the importance of monitoring market trends closely.