3 Room (3NG) HDB for Sale in 214 Tampines Street 23

The HDB 3-room property located in the vibrant district of Tampines presents a compelling investment opportunity, with an estimated value of $408,171, translating to a price per square foot (PSF) of $566. This valuation indicates a premium position in the current market, reflecting a notable 7.3% above the baseline, which is a significant indicator of the property’s desirability and potential for appreciation. With a remaining lease of 57 years, this property strikes a balance between long-term residential viability and investment stability, making it an attractive option for both homeowners and investors alike.

Our valuation model, backed by a robust analysis of 491 recent HDB resale transactions in the vicinity, exhibits a high level of confidence in the accuracy of this estimate. The strength of this market signal is further reinforced by the ongoing demand for properties in the Tampines area, which is known for its excellent connectivity, amenities, and community facilities. As urban living in Singapore continues to evolve, properties like this 3-room HDB are likely to remain in high demand, making it a strategic addition to any property portfolio.