3 Room (3I) HDB for Rent in 476 Tampines Street 44

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 61 years, stands at an estimated value of $400,702, translating to a price per square foot of $556. This valuation is grounded in a robust analytical framework, considering the latest data from 193 recent HDB resale transactions within the vicinity. The model confidence is rated as high, indicating a strong reliability in the projected value amidst the current market conditions.

Interestingly, the market signal reveals a 0% difference from the baseline, suggesting that this property is positioned within a stable price range relative to comparable properties in the area. This stability may reflect broader market dynamics that are currently at play, including demand for HDB units in established neighborhoods like Tampines, which continues to attract both residents and investors. As the remaining lease approaches the 60-year mark, the valuation reflects the typical considerations regarding lease decay, yet the high demand in this locality mitigates potential adverse impacts on value. Overall, this HDB unit represents a sound investment opportunity within a resilient market.