3 Room (3I) HDB for Sale in 407 Tampines Street 41

The valuation of the HDB 3-room unit located in Tampines reflects a current estimated value of $350,371, translating to a price per square foot (PSF) of $542. This valuation indicates a significantly elevated market position, with a notable 42.7% difference from the baseline valuation, categorizing it as above market. This discrepancy suggests a strong demand for properties within this precinct, likely driven by the strategic location of Tampines and its robust infrastructure, which includes amenities, schools, and public transport connectivity.

However, it is essential to consider the remaining lease of 57 years, which may influence buyer sentiment and financing options. Given the model confidence is categorized as low, this valuation should be approached with caution. The analysis is based on only two recent HDB resale transactions in the vicinity, which limits the robustness of the data set. As the market continues to evolve, potential buyers and investors should stay informed about fluctuations in demand and the broader economic factors that may affect property values in the coming years.