162 Tampines Street 12 521162, Tampines East, East Region, Singapore
$4,000 /month
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3009250K
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$733,314
S$512 psf
Asking Price
S$4,000
S$3 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
56 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Tampines
439m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$610
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.800
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$512
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2025 | Blk 162 SIMEI RD Floor 07 TO 09 | 1,292sqft | S$788,000 | ▲S$610 +19.1% vs FV | 99yr from 1989 |
Jul 2025 | Blk 162 SIMEI RD Floor 07 TO 09 | 1,292sqft | S$788,000 | ▲S$610 +19.1% vs FV | 99yr from 1989 |
Blk 162 SIMEI RD
Jul 2025 · Floor 07 TO 09
+19.1% vs FV
Blk 162 SIMEI RD
Jul 2025 · Floor 07 TO 09
+19.1% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit located in Tampines, with a remaining lease of 56 years, is estimated at $733,314, translating to a price per square foot of $512. This valuation reflects a market signal indicating a 0% difference from the baseline, suggesting that the property is currently valued in line with the prevailing market trends for similar units in the area. This equilibrium emphasizes a stable demand and supply scenario within the Tampines HDB market, which has shown resilience despite fluctuations in the broader real estate landscape.
However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set—only one recent HDB resale transaction in the vicinity has been analyzed. This scarcity of transaction data may hinder the robustness of the valuation, highlighting the necessity for potential buyers to approach this investment with caution. Investors should consider the implications of the remaining lease period as well, as properties with shorter leases often experience greater fluctuations in value and demand. Overall, while the current valuation appears stable, prospective buyers are advised to conduct further due diligence in the context of the broader market dynamics and lease considerations.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.