3 Room (3A) HDB for Sale in 814 Tampines Street 81

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $406,846, equating to $518 per square foot. This figure positions the property significantly above the baseline market value, reflecting a 26.6% premium compared to comparable transactions in the area. Such a discrepancy suggests heightened demand or unique attributes that may be influencing buyer perceptions and willingness to pay a premium for this specific unit.

However, it is crucial to note that the model confidence for this valuation is categorized as low, which indicates a degree of uncertainty surrounding the estimation. This uncertainty stems from a limited dataset, with only five recent HDB resale transactions used for comparative analysis. Investors and potential buyers should approach this valuation with caution, considering the dynamics of the HDB market in Tampines, which may be influenced by factors such as future urban developments, amenities, and the overall economic landscape. As the remaining lease decreases, it is essential to monitor market trends closely, as they could significantly impact the long-term value of the property.