5 Room (5A) HDB for Sale in 142 Tampines Street 12

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $649,098, translating to $453 PSF. This figure positions the property significantly above the prevailing market baseline, reflecting a robust 23.2% premium compared to similar units in the vicinity. Such a variance is indicative of strong demand dynamics and a potential scarcity of desirable HDB listings within this well-established residential enclave.

Furthermore, the model confidence for this valuation is rated as high, supported by a comprehensive analysis of 78 recent HDB resale transactions in the area. This extensive dataset not only enhances the reliability of the valuation but also underscores the sustained interest in HDB properties in Tampines, a region known for its strategic location, accessibility, and community amenities. As such, prospective buyers may find this listing particularly appealing, given the favorable lease duration and the potential for appreciation in value amidst a competitive market landscape.