3 Room (3NG) HDB for Sale in 207 Tampines Street 21

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 54 years, has been estimated at $406,659, translating to $478 per square foot (PSF). This valuation is notably above the market baseline by a substantial 25.4%, indicating a strong performance relative to comparable properties in the vicinity. Such a premium reflects the desirability of the Tampines area, which continues to attract a diverse demographic, ranging from young professionals to families seeking a balanced urban and suburban lifestyle.

The model confidence in this valuation is categorized as high, supported by an analysis of 175 recent HDB resale transactions in the surrounding region. This robust dataset not only reinforces the credibility of the estimated value but also highlights the resilience of the HDB market in Singapore, particularly in well-established neighborhoods like Tampines. The combination of a limited remaining lease and the significant market signal suggests that potential buyers are willing to pay a premium for properties in this locale, driven by factors such as accessibility, amenities, and community appeal.