3 Room (3A) HDB for Rent in 205 Tampines Street 21

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 55 years, currently stands at an estimated value of $407,828, translating to a price per square foot of $480. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference. Such stability in valuation suggests that the property is well-positioned within the current market dynamics, appealing to both owner-occupiers and investors alike.

However, it is crucial to note the model confidence rating, which is categorized as low. This indicates a degree of uncertainty in the valuation, likely influenced by the limited number of comparable recent HDB resale transactions in the vicinity, which currently stands at three. As the lease period shortens, potential buyers may exhibit heightened sensitivity to the remaining lease term, impacting demand and future resale potential. Therefore, while the current valuation appears stable, prospective buyers should consider the long-term implications of the remaining lease and the overall market sentiment in the area.