3 Room (3NG) HDB for Rent in 101 Tampines Street 11

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 54 years, stands at approximately $353,954, translating to a price per square foot (PSF) of $439. This valuation reflects a market price that is in line with the baseline, indicating a stable yet competitive market condition for HDB properties in this region. The absence of any substantial deviation from the baseline suggests that demand and supply dynamics are currently balanced, with buyers and sellers maintaining a cautious stance amidst fluctuating economic conditions.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily driven by the limited dataset comprising only one recent HDB resale transaction in the vicinity. Such a restricted data pool may not fully encapsulate the nuances of the local market trends or the specific characteristics of the property in question. As the remaining lease diminishes over time, potential buyers may exhibit varying degrees of sensitivity to the leasehold period, particularly in a market where younger buyers are increasingly gravitating towards properties with longer leases. Thus, while this valuation might serve as a reference point, stakeholders are encouraged to consider broader market signals and individual property attributes when making investment decisions.