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

In the competitive landscape of Singapore's HDB market, the valuation of the 3-room unit in Tampines, with a remaining lease of 54 years, stands at an estimated value of $385,774, translating to $478 per square foot (PSF). This valuation is indicative of a stable market environment, as it reflects a 0% difference from the baseline market price, suggesting that the property is priced in alignment with current market trends. Such stability is often a reflection of sustained demand in the area, underpinned by the strategic location of Tampines which offers excellent connectivity and a plethora of amenities.

The model confidence rating for this valuation is categorized as High, bolstered by an extensive analysis of 175 recent HDB resale transactions within the vicinity. This robust dataset enhances the reliability of the valuation, suggesting that potential buyers can expect a fair market price without the volatility that sometimes characterizes the real estate sector. Furthermore, with the remaining lease of 54 years, prospective homeowners should consider the implications of lease decay in their long-term investment strategy, balancing the current market conditions with future appreciation potential.