5 Room (5I) HDB for Sale in 289 Tampines Street 22

The valuation of the HDB 5-room unit located in the sought-after area of Tampines reveals an estimated value of $602,723, translating to approximately $463 PSF. With a remaining lease of 57 years, this property sits in a compelling position within a vibrant community that continues to attract both first-time buyers and seasoned investors alike. The high model confidence, derived from an analysis of 78 recent HDB resale transactions in the vicinity, underscores the reliability of this valuation.

Notably, this property is currently priced 12% above the baseline market value, indicating a robust demand within the area. Such a premium reflects the escalating interest in HDB units in Tampines, driven by its strategic location and the comprehensive amenities available. As the market continues to evolve, the dynamics of supply and demand, coupled with the residual lease length, position this asset as a valuable opportunity for potential purchasers looking to invest in Singapore's dynamic real estate landscape.