3 Room (3A) HDB for Sale in 108 Tampines Street 11

The valuation of the HDB 3 Room property in Tampines, with a remaining lease of 56 years, stands at an estimated value of $430,105, translating to $540 PSF. This assessment is grounded in robust market analysis, drawing on a substantial dataset of 491 recent HDB resale transactions within the vicinity, which substantiates the valuation's credibility. The property reflects a 4.6% difference from the baseline market price, indicating a slight premium that suggests a resilient demand for HDB units in this rapidly developing locale.

The strong valuation confidence, categorized as high, can be attributed to the ongoing urban enhancements and infrastructure developments in Tampines, which continue to bolster its appeal as a desirable residential area. The remaining lease of 56 years is also a critical factor, as it balances between sufficient tenure for potential homeowners and investment viability, particularly in a market that increasingly values lease longevity. Overall, this HDB offering is positioned favorably within the current market dynamics, reflecting both stability and potential for value appreciation in the years ahead.