3 Room (3A) HDB for Sale in 212 Tampines Street 23

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 57 years, has been estimated at $412,442 or $525 PSF. This figure positions the property significantly above the baseline market value, reflecting a notable 21.2% premium. Such a deviation from the baseline suggests strong demand dynamics and a competitive marketplace, indicative of the desirability of the Tampines area, which has consistently demonstrated robust interest among homebuyers.

With a high model confidence rating based on an analysis of 334 recent HDB resale transactions in the vicinity, this valuation underscores the strategic importance of leasehold tenure in the Singaporean real estate context. As remaining lease lengths influence buyer sentiment and investment decisions, the 57-year lease on this property remains an attractive proposition for potential homeowners and investors alike. The current market signals, combined with the established history of price resilience in this region, reinforce the premise that this HDB unit not only represents a sound investment but also a desirable living environment in a well-connected and vibrant neighborhood.