3 Room (3A) HDB for Rent in 266 Tampines Street 21

The valuation of the HDB 3-room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $466,557, translating to $556 PSF. This valuation reflects a market price that is consistent with the baseline, indicating a 0% difference. Such stability in pricing suggests a balanced demand and supply dynamic in the locality, characteristic of the Tampines area, which remains a sought-after residential hub due to its strategic connectivity and robust amenities.

However, the model confidence for this valuation is categorized as low, primarily due to the limited data pool from only two recent HDB resale transactions in the vicinity. This scarcity of transactions can result in heightened volatility and uncertainty in market movements. Prospective buyers and investors should therefore approach this valuation with caution, considering broader economic indicators and local market trends that could influence future resale values and overall investment security in the long term.