3 Room (3A) HDB for Rent in 250 Tampines Street 21

The valuation of the HDB 3 Room property in Tampines, with a remaining lease of 56 years, stands at an estimated value of $401,250, translating to a price per square foot (PSF) of $504. This valuation reflects a market price that is consistent with the baseline, indicating no significant deviations in current market trends. Such stability in pricing suggests a balanced supply and demand scenario in the Tampines area, which remains a sought-after residential locale within Singapore.

However, it is important to note that the model confidence for this valuation is categorized as low, which implies that potential fluctuations in market conditions or external economic factors could influence future pricing dynamics. The valuation is derived from an analysis of three recent HDB resale transactions in the vicinity, which provides a foundational understanding of local market performance. Investors and homeowners should consider the implications of the remaining lease term, as properties with shorter leases may face increased scrutiny and potential depreciation in value as they approach their lease expiration. In light of these factors, continued observation of market shifts and leasehold dynamics will be essential for stakeholders in this segment.