3 Room (3S) HDB for Sale in 831 Tampines Street 83

The valuation of the HDB 3 Room unit in Tampines, with an estimated value of $418,937 or $556 PSF, indicates a noteworthy market signal categorized as Above Market by approximately 18.9% from the baseline. This pricing reflects the unique characteristics and desirability of the Tampines area, which has consistently demonstrated strong demand due to its strategic location and robust amenities. However, with a remaining lease of 58 years, potential buyers may exhibit caution, particularly as they assess the implications of leasehold duration on long-term investment value.

The current model confidence is rated as Low, which may be attributed to the limited data pool comprising only 2 recent HDB resale transactions in the vicinity. This scarcity of comparable sales can lead to potential volatility in pricing, as market sentiment and buyer perception heavily influence the final transaction values. Investors and homebuyers should consider these dynamics carefully, particularly in an evolving market landscape, to ensure informed decisions that align with their investment strategies.