5 Room (5I) HDB for Sale in 389 Tampines Street 32

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 75 years, stands at an estimated value of $826,714, translating to a price per square foot (PSF) of $610. This valuation reflects a market price that exhibits a 3.2% difference from the baseline, indicating a slight upward trend in demand relative to similar properties in the area. The modest variance from the baseline suggests stability in the local housing market, although the low model confidence rating indicates that this valuation should be interpreted with caution due to limited data points.

Given that the analysis is based on only one recent HDB resale transaction in the vicinity, the findings underscore the importance of considering broader market dynamics when evaluating property values. The remaining lease of 75 years is a significant factor, as it affects the long-term investment potential and perceived desirability of the unit. As the market continues to evolve, prospective buyers and investors should remain vigilant, taking into account both the current valuation and the future implications of leasehold properties in Singapore's dynamic real estate landscape.