3 Room (3A) HDB for Sale in 286 Tampines Street 22

The valuation of the 3-room HDB property in Tampines, with a remaining lease of 56 years, has been estimated at $400,005, translating to a price per square foot (PSF) of $502. This valuation is notably positioned above the market baseline by 20%, indicating a premium demand for HDB units in this area. The elevated valuation reflects a combination of factors, including the strategic location of Tampines, accessibility to amenities, and the overall desirability of the neighborhood.

Our analysis is underpinned by a robust dataset comprising 295 recent HDB resale transactions in the vicinity, which provides a strong foundation for this valuation. The high model confidence indicates that market trends and buyer sentiments are favoring properties like this one, particularly in a competitive landscape where buyers are increasingly seeking quality living spaces within well-established townships. The remaining lease of 56 years is also a critical factor, as it offers potential homeowners a substantial period of occupancy, enhancing the investment appeal of this property in an evolving real estate market.