5 Room (5I) HDB for Sale in 876C Tampines Avenue 8

This valuation report focuses on a 5-room HDB property located in the vibrant region of Tampines, featuring a remaining lease of 93 years. The estimated value of this property stands at $948,547, translating to a price per square foot (PSF) of $780. This valuation is particularly noteworthy as it reflects an 8.4% difference from the baseline, indicating a favorable market signal classified as a "Good Deal." Such a discrepancy suggests that the property is competitively priced, providing potential buyers with an attractive opportunity in the current market landscape.

The model confidence for this valuation is categorized as Medium, based on an analysis of 8 recent HDB resale transactions in the vicinity. This data underpins the robustness of the valuation, although it also suggests that further monitoring of market dynamics is advisable. As the Tampines area continues to evolve with infrastructural developments and community amenities, the longevity of the remaining lease enhances the attractiveness of this investment. HDB properties in Singapore, particularly in well-established neighborhoods like Tampines, demonstrate resilience and potential for long-term appreciation, making this offering a compelling consideration for discerning investors and homeowners alike.