3 Room (3A) HDB for Sale in 209 Tampines Street 21

The valuation of the HDB 3-room unit in Tampines, with an estimated value of $371,876 (equivalent to $461 PSF), presents a noteworthy observation in the current real estate landscape. With a remaining lease of 54 years, this property is positioned within a demographic that typically values the duration of the lease as a critical factor in its investment potential. The current market signal indicating an above-market value with a significant 39.8% difference from the baseline raises important considerations for prospective buyers and sellers alike.

However, it is essential to note the low confidence level associated with this valuation, which is derived from merely two recent HDB resale transactions in the vicinity. This limited dataset underscores the volatility and potential unpredictability of the market dynamics at play in Tampines. Buyers should approach this valuation with a discerning eye, considering the implications of lease longevity on property value, as well as the broader market trends that may influence future resale opportunities.