5 Room (5I) HDB for Sale in 289 Tampines Street 22

The valuation of the 5-room HDB property in Tampines, with an estimated value of $698,854 (equating to $537 PSF), reflects a robust market position, particularly considering its remaining lease of 57 years. The property is situated in a well-established residential enclave, which is highly sought after due to its proximity to amenities, transportation links, and schools, making it a desirable choice for both families and investors alike.

With a market price exhibiting a 3.4% difference from the baseline, this valuation signals a stable market environment characterized by incremental growth. The high model confidence, based on a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, further reinforces the credibility of this valuation. Such data-driven insights not only highlight the resilience of the Tampines property market but also underscore the significance of lease duration in influencing property desirability and value appreciation in Singapore's competitive real estate landscape.