5 Room (5I) HDB for Sale in 815 Tampines Avenue 4

The HDB 5-room property located in Tampines, with a remaining lease of 57 years, has been appraised at an estimated value of $671,394, translating to approximately $516 per square foot. This valuation positions the property above the current market baseline by 11.7%, indicating a premium status within the local real estate landscape. However, it is essential to note that our model confidence for this valuation is categorized as low, primarily due to the limited data set available for analysis, with only a single recent resale transaction in the vicinity to reference.

In the context of Singapore's evolving housing market, the remaining lease period plays a pivotal role in influencing buyer sentiment and property demand. As the lease diminishes, potential buyers may exhibit caution, particularly in a market characterized by fluctuating economic conditions. The above-market valuation suggests that this specific unit may offer unique attributes or appeal, warranting closer examination by discerning investors. As the landscape continues to shift, monitoring subsequent transactions and trends in the area will be crucial for a more robust understanding of value dynamics moving forward.