3 Room (3NG) HDB for Sale in 258 Tampines Street 21

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 56 years, stands at approximately $427,179, which translates to a price per square foot (PSF) of $484. This valuation is positioned notably above the market baseline, reflecting a significant 19.4% premium. Such a deviation suggests that this property may be appealing to buyers who prioritize location and community amenities, both of which are strong attributes of the Tampines area. However, it is essential to scrutinize this valuation further, given the low confidence level attributed to the model.

With only one recent HDB resale transaction in the vicinity serving as a data point, the reliability of this valuation is compromised. The limited transaction volume may indicate a quieter market segment or fluctuating buyer sentiment, particularly concerning properties with longer remaining leases. Buyers and investors should consider these dynamics carefully, as the unique features of this property, alongside the remaining lease duration, will ultimately inform its market desirability and potential for future appreciation.