3 Room (3NG) HDB for Rent in 825 Tampines Street 81

The valuation of this 3-room HDB in Tampines, with a remaining lease of 57 years, stands at an estimated value of $393,872, translating to a price per square foot (PSF) of $492. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting a stable pricing environment for similar properties within the vicinity. The data is derived from only two recent resale transactions, which contributes to a low model confidence rating, underscoring the need for cautious interpretation of these figures.

In the context of the broader HDB market dynamics, the remaining lease of 57 years may influence buyer sentiment and investment decisions. Properties with shorter leases typically exhibit greater price sensitivity, particularly in a market where leasehold tenure is a significant consideration for potential purchasers. As Tampines continues to be a sought-after location due to its accessibility and amenities, this valuation reflects a balance between market demand and the inherent risks associated with longer remaining leases. Buyers and investors should closely monitor upcoming transactions and market conditions to gauge potential shifts in value.