3 Room (3S) HDB for Sale in 419 Tampines Street 41

The valuation of the HDB 3-room property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $378,361, translating to a price per square foot (PSF) of $550. This valuation reflects a significant market signal, indicating an 18.4% premium above the baseline price in the region. Such a discrepancy from the average market price suggests a robust demand for HDB units in this locality, driven by factors such as the area's established infrastructure, accessibility, and community amenities.

This high valuation is supported by a strong model confidence rating, underpinned by data from 491 recent HDB resale transactions in the vicinity. The Tampines area continues to demonstrate resilience in the face of prevailing economic conditions, with buyers willing to invest above the market average for quality properties. As the remaining lease period is 57 years, prospective buyers should consider both the longevity of the lease and the potential for capital appreciation in a well-regarded district, making this property an attractive option for long-term investment.