5 Room (5I) HDB for Sale in 494J Tampines Street 45

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 90 years, stands at an estimated value of $869,327, translating to a price per square foot (PSF) of $721. This valuation reflects a modest market price deviation of 2.2% from the baseline, indicating a stable yet competitive market environment within the vicinity. The surrounding area has showcased a consistent demand for HDB properties, which is evident in the recent resale transactions that serve as the basis for this valuation.

Despite the favorable lease tenure, the model confidence in this estimation is rated as low, primarily due to the limited sample size of only five recent transactions. This suggests potential volatility in pricing, influenced by various market dynamics such as buyer sentiment, economic conditions, and local developments. As such, prospective buyers and investors should consider these factors carefully when evaluating the property, as the interplay of lease longevity and market signals will significantly impact future resale and investment potential.