3 Room (3S) HDB for Sale in 462 Tampines Street 44

The valuation of the HDB 3-room unit located in Tampines, with a remaining lease of 58 years, stands at an estimated value of $396,322, translating to a price per square foot (PSF) of $576. This valuation is notably above the market baseline, reflecting a 13.5% premium that underscores the property’s competitive positioning within the local real estate landscape. Such a disparity indicates robust demand dynamics within the Tampines precinct, which is characterized by its well-established amenities, accessibility, and family-friendly environment.

Our analysis is grounded in comprehensive data derived from 491 recent HDB resale transactions in the vicinity, enhancing the reliability of the valuation with a high degree of model confidence. The significant premium suggests that buyers are willing to pay a higher price for this unit, likely due to its strategic location and the desirability of living in Tampines, a mature town with a strong community feel. As the remaining lease stands at 58 years, this factor is essential in assessing long-term investment value, where buyers may perceive a diminishing lease period as a risk. However, the observed market signals imply that this property remains a favorable investment, reflecting a resilient market appetite in the HDB sector of Singapore.