3 Room (3A) HDB for Sale in 806 Tampines Avenue 4

The valuation of the 3-room HDB property in Tampines, with a remaining lease of 56 years, stands at an estimated value of $426,301, translating to a price per square foot (PSF) of $543. This valuation has been determined based on a comprehensive analysis of the local market dynamics, albeit with a low model confidence due to the limited data available, with only one recent resale transaction in the vicinity serving as a comparative benchmark.

Significantly, the property is valued at a premium, with a market signal indicating an above-market valuation of 17.1% over the baseline. This may suggest a heightened demand in the Tampines area, potentially driven by the strategic location and amenities that the district offers. However, with the remaining lease of 56 years, prospective buyers should remain cognizant of the implications that leasehold tenure can have on long-term investment value and marketability. As the real estate landscape evolves, it will be essential to monitor further transactions and shifts in buyer sentiment within the region to validate this valuation.