5 Room (5I) HDB for Sale in 486B Tampines Avenue 9

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $750,455, translating to a price per square foot of $563. This valuation reflects a robust market signal, as evidenced by a mere 1% deviation from the baseline price, indicating a stable demand within this segment of the property market. The premium positioning of this property is further underscored by the high model confidence level, derived from the analysis of 103 recent HDB resale transactions in the vicinity.

In the current real estate landscape of Singapore, HDB properties with longer remaining leases are increasingly favored by buyers, contributing to their sustained valuation strength. The Tampines area, known for its accessibility and comprehensive amenities, has shown resilience in property prices, even amidst fluctuations in market dynamics. This particular unit's valuation not only reflects a fair market price but also signifies the ongoing desirability of HDB living spaces in well-connected regions, reinforcing the notion that strategic location and lease duration are paramount in influencing property value.