3 Room (3A) HDB for Sale in 868C Tampines Avenue 8

The valuation for the HDB 3-room unit in Tampines, with a remaining lease of 87 years, stands at an estimated value of $586,797, translating to $814 PSF. This figure reflects a market price that is approximately 4% above the baseline, indicating a modest upward trend in the local real estate market. Such a premium suggests that there is a sustained demand for HDB properties in this region, driven by factors such as its proximity to essential amenities and well-connected transport networks.

However, it is important to note that the model confidence for this valuation is classified as low, which may suggest volatility or inconsistency in recent market activity. The analysis is based on data from only four recent HDB resale transactions in the vicinity, which may not sufficiently capture broader market dynamics. Investors and potential buyers should consider these parameters carefully, particularly the implications of the remaining lease period on long-term investment value and residential stability.