5 Room (5A) HDB for Sale in 618A Tampines Street 61

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 94 years, stands at an estimated value of $940,582, translating to a price per square foot (PSF) of $774. This valuation reflects a market signal that is only 1% different from the baseline, indicating a stable and resilient market condition in the area. Such minor fluctuations in pricing suggest that demand for HDB properties in Tampines remains robust, driven by the neighborhood's appealing amenities and strategic location within Singapore.

With a model confidence rating of high, this valuation is reinforced by an analysis of 143 recent HDB resale transactions in the vicinity. The strong transaction volume indicates a healthy market dynamic, where buyers are actively seeking properties in this well-established district. Furthermore, the remaining lease period of 94 years is a critical factor, as it provides potential homeowners with a significant duration of ownership while still appealing to investors looking for long-term capital appreciation. Overall, the combination of favorable lease tenure and stable market conditions positions this property as a valuable asset in the vibrant Tampines real estate landscape.