3 Room (3I) HDB for Sale in 412 Tampines Street 41

The valuation of this HDB 3 Room unit in Tampines, with a remaining lease of 57 years, reflects a current estimated market value of $401,955, translating to $542 per square foot (PSF). Notably, this valuation is positioned 21.9% above the baseline, indicating a strong market signal that may suggest heightened demand or unique property characteristics that differentiate it from comparable units in the area. Such a premium can often be attributed to the overall desirability of the Tampines district, which is known for its comprehensive amenities, connectivity, and robust community infrastructure.

However, it is essential to consider the model confidence in this valuation, which is currently categorized as low. This low confidence suggests that the data set, derived from only six recent HDB resale transactions in the vicinity, may not fully encapsulate the broader market dynamics or potential variances in buyer sentiment. As the remaining lease term of 57 years is relatively moderate, prospective buyers should weigh the implications of lease tenure on future resale value and demand. In an evolving market where lease duration can significantly influence buyer decisions, it is prudent to conduct thorough due diligence prior to any investment in this property.