3 Room (3A) HDB for Sale in 284 Tampines Street 22

The valuation of the HDB 3 Room unit in Tampines, currently estimated at $400,069 (equivalent to $502 PSF), positions it significantly above the market baseline by approximately 30%. This premium pricing reflects the robust demand and competitive landscape of the HDB resale market in the area. With a remaining lease of 56 years, this property benefits from both a solid tenure and an appealing location, which are key determinants influencing buyer sentiment and price appreciation in Singapore’s real estate sector.

Our analysis is grounded in a comprehensive review of 298 recent HDB resale transactions within the vicinity, contributing to a high level of confidence in this valuation. The substantial variance from the baseline suggests that potential buyers are willing to pay a premium for properties that offer desirable attributes such as proximity to amenities, accessibility, and overall community appeal. As the market continues to evolve, this property exemplifies the dynamics at play, where supply constraints and heightened demand lead to upward pressure on prices, particularly in well-established neighborhoods like Tampines.