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 an estimated value of $423,015, translating to a price per square foot (PSF) of $479. This valuation indicates a significant market signal, being approximately 20.6% above the baseline, suggesting a premium positioning within the local market landscape. Such a deviation from the baseline price underscores the competitive nature of the Tampines region, which has historically been a sought-after location due to its robust amenities and infrastructure.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only two recent HDB resale transactions in the vicinity. This scarcity of comparative sales data may affect the reliability of the valuation, as market dynamics can fluctuate significantly based on broader economic trends and localized demand. Investors and potential buyers should consider these factors carefully, particularly in relation to the remaining lease term, which plays a pivotal role in determining long-term value and resale potential in the HDB market.