5 Room (5I) HDB for Sale in 102 Simei Street 1

The valuation for the HDB 5-room property located in the vibrant district of Tampines reflects a strong market position, with an estimated value of $683,103, translating to a price per square foot (PSF) of $520. This valuation is notably above the market baseline by 22.8%, indicating a robust demand for properties in this area. The high confidence level of this model, stemming from an analysis of 125 recent HDB resale transactions within the vicinity, underscores the reliability of the data and the prevailing market conditions.

With a remaining lease of 61 years, this property holds a strategic advantage in a market where lease duration can significantly impact value perception. The Tampines region, recognized for its comprehensive amenities and connectivity, continues to attract discerning buyers, further driving the premium associated with this property. As market dynamics evolve, this valuation exemplifies both the resilience of the HDB market in Singapore and the specific desirability of this property type within a sought-after locale.