3 Room (3A) HDB for Sale in 107 Tampines Street 11

The valuation of the HDB 3 Room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $398,576, equating to a price per square foot (PSF) of $500. This valuation signals a notable premium, being 24.2% above the baseline market value, which suggests a strong demand for residential properties in this well-established neighborhood.

However, it is important to note that the model confidence for this valuation is classified as low, indicating potential volatility in the current market dynamics. This assessment is drawn from only two recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of market trends. The significant difference from the baseline may reflect factors such as localized demand, property condition, or unique selling propositions of the unit in question. As such, potential buyers and investors should approach this valuation with a nuanced understanding of the local market conditions and the implications of the remaining lease duration.