3 Room (3A) HDB for Sale in 817 Tampines Street 81

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 57 years, has been estimated at $409,327, translating to a price per square foot (PSF) of $514. This valuation is positioned significantly above the market average, reflecting a 22.2% premium over the established baseline. Such a deviation suggests that this property may be influenced by specific market dynamics or unique attributes that differentiate it from comparable resale transactions in the vicinity.

However, it is essential to note that the model confidence for this valuation is classified as low, based on an analysis of only four recent HDB resale transactions in the surrounding area. This limited dataset highlights the need for caution when interpreting the premium valuation, as it may not fully account for broader market trends or fluctuations in buyer sentiment. The remaining lease of 57 years, while still substantial, is a critical factor in the valuation, as properties with shorter leases may face increased scrutiny from prospective buyers, impacting their long-term investment viability.