3 Room (3A) HDB for Sale in 202 Tampines Street 21

The valuation of the 3-room HDB property located in the vibrant district of Tampines showcases a significant standing within the current market dynamics. With an estimated value of $440,827, translating to $546 PSF, this unit is positioned above the market baseline by 6.6%. Such a premium valuation indicates a robust demand for HDB units in this region, which is underscored by the property’s remaining lease of 55 years. This remaining lease contributes positively to the unit's attractiveness, given that Tampines is known for its comprehensive amenities and connectivity, which appeal to both young families and investors alike.

The model confidence for this valuation is classified as high, reflecting a solid analytical foundation based on 491 recent HDB resale transactions in the vicinity. This extensive dataset not only validates the premium pricing but also highlights the competitive landscape of the HDB market in Tampines. As such, prospective buyers should consider the enduring value of this property, especially in light of the area's ongoing development and urban planning initiatives, which are likely to further enhance its desirability in the years to come.