5 Room (5I) HDB for Sale in 859 Tampines Avenue 5

This valuation report focuses on a 5-room HDB unit located in the sought-after residential district of Tampines, with a remaining lease of 60 years. The estimated value of the property stands at $710,682, translating to a price per square foot (PSF) of $541. Notably, this valuation is positioned above the current market baseline by 12.6%, indicating a premium on the property that could be reflective of several underlying factors.

Despite the attractive valuation, it is essential to note that the model confidence is categorized as low, primarily due to the reliance on a limited dataset—specifically, a single recent HDB resale transaction within the vicinity. This lack of robust comparative data may introduce volatility in the valuation, suggesting that potential buyers should exercise caution and conduct thorough due diligence. Furthermore, the dynamics of the HDB market in this region reveal a complex interplay between remaining lease length, local amenities, and demand, which collectively influence property values. As such, prospective investors and homeowners should be mindful of these factors while considering their investment decisions in the current market environment.