3 Room (3A) HDB for Sale in 112 Tampines Street 11

The valuation of the HDB 3 Room unit located in Tampines, with a remaining lease of 54 years, stands at an estimated value of $390,210, translating to a price per square foot (PSF) of $459. This valuation is notably above the market baseline, reflecting a significant 34.5% premium. Such a discrepancy in pricing indicates a robust demand for HDB properties within the region, despite the relatively shorter remaining lease compared to other offerings in the market.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited data set available, with only four recent HDB resale transactions in the vicinity informing this assessment. This scarcity of comparable sales may suggest volatility in buyer sentiment and market dynamics. As the Singapore real estate landscape continues to evolve, potential investors and homeowners should remain vigilant to fluctuations in demand and pricing trends, particularly for properties with shorter remaining leases, as they may be more susceptible to market shifts.