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The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 92 years, stands at an estimated value of $940,801, translating to a price per square foot of $774 PSF. This valuation reflects a market signal indicating a modest 1.2% variance from the baseline price, suggesting a relatively stable market condition in this area. Such slight fluctuations in pricing are indicative of the ongoing demand for HDB properties in established districts like Tampines, where accessibility and amenities remain key attractions for prospective buyers.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily driven by the limited dataset comprising only four recent HDB resale transactions in the vicinity. This constraint highlights the necessity for cautious interpretation of the valuation figures, as they may not fully encapsulat

Katherine Kee

Properties