3 Room (3NG) HDB for Sale in 445 Tampines Street 42

The valuation of the 3-room HDB unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $389,489, translating to a price per square foot (PSF) of $566. This assessment indicates a notable premium within the current market, as the property is valued approximately 17.6% above the baseline. Such a differential suggests robust demand for HDB units in this area, likely driven by the strategic location and the various amenities that Tampines offers, including shopping centers, schools, and parks.

Our analysis is grounded on data extracted from 491 recent HDB resale transactions in the vicinity, which lends a high degree of confidence to the valuation model employed. The strong market signal and high model confidence underscore the appeal of this property, especially for potential buyers looking to invest in a locality characterized by its vibrant community and accessibility. As the remaining lease continues to diminish, this valuation reflects both the immediate desirability of the unit and the broader market dynamics at play in the HDB sector in Singapore.