3 Room (3A) HDB for Sale in 606A Tampines Street 61

This analytical summary highlights the valuation of a 3-room HDB property located in the sought-after Tampines area, with a remaining lease of 91 years. The estimated value of the property stands at $638,269, translating to approximately $873 PSF. This valuation reflects a 3.2% deviation from the baseline market price, indicating a slight appreciation in value relative to comparable properties in the vicinity.

It is essential to note that the valuation model exhibits a low confidence level, driven by the limited data set comprising only six recent HDB resale transactions in the area. This scarcity of transactions may impact the reliability of the market signals. However, the strong remaining lease period of 91 years is a significant advantage, enhancing the property's appeal in the competitive HDB market. As Tampines continues to develop and evolve as a vibrant residential hub, it is poised to attract both current residents and potential buyers, which could further influence future valuations.