3 Room (3A) HDB for Sale in 102 Tampines Street 11

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 55 years, is estimated at $385,878, translating to a price per square foot (PSF) of $478. This valuation positions the property significantly above the market baseline, reflecting a 27% premium. Such a discrepancy suggests a robust demand in the area, potentially driven by factors such as proximity to amenities, transportation links, and overall neighborhood desirability.

However, it is crucial to note that the model confidence for this valuation is categorized as low, indicating a degree of uncertainty in the underlying data. This assessment is derived from only three recent resale transactions in the vicinity, which may not fully capture the breadth of market dynamics at play. Buyers and investors should consider these factors carefully when evaluating the potential of this HDB property, particularly in relation to its remaining lease and the evolving landscape of the Singaporean real estate market.