3 Room (3A) HDB for Rent in 824 Tampines Street 81

The valuation of the HDB 3 room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $443,814 or $493 PSF. This valuation reflects a market price that shows 0% difference from the baseline, indicating a stable yet cautious sentiment in the local market. The current valuation is underpinned by two recent resale transactions in the vicinity, providing a localized perspective on market dynamics.

However, it is essential to note that the model confidence is rated as low, suggesting potential volatility and uncertainty in the valuation process. With a remaining lease of 57 years, the property is positioned at a critical threshold where lease decay may start to impact buyer sentiment and pricing strategies in the future. Buyers and investors should consider these dynamics as they navigate the Tampines HDB market, weighing the implications of lease tenure against current market conditions.