5 Room (5I) HDB for Sale in 298 Tampines Street 22

The valuation of the 5-room HDB unit in Tampines reflects a robust market signal, with an estimated value of $707,015, translating to a competitive price per square foot of $538. This figure represents a modest 2.7% variance from the baseline market price, indicating a stable demand within this well-established residential zone. The model confidence rating is high, underscored by a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, which provides a strong empirical foundation for this assessment.

With a remaining lease of 57 years, this property sits in a favorable position in the market, as buyers increasingly seek HDBs with sufficient lease tenure that align with their long-term housing needs. The Tampines area, known for its connectivity and amenities, maintains a strong appeal among families and young professionals alike. As market dynamics evolve, potential purchasers should be cognizant of the implications of lease duration on property value, particularly in a landscape where long-term investment stability is paramount.