497a Tampines Street 45 520497, Tampines East, East Region, Singapore
$3,999 /month











NEW LISTING FOR RENT = = = = = = = = = RENOVATED AND MODERN EA = = = = = = = = = * Modern township with three shopping malls. * A major of economic activities region. * A wide variety of green and play spaces. Details: * 2 bedrooms plus study * 2 bathrooms * Spacious living at 1400 sqft Locations: * Tampines East MRT (2KM). * Pasir Ris East (3.2KM). Amenities nearby : * Giant - Tampines Mart (1.6KM). * Tampines 1 mall (1.8KM). * NTUC Fairprice (2.1KM). * Loyang Point mall (2.5KM). * Tampines mall (2.5KM). Schools: * White Sands Primary School (4.4KM). * East Spring Primary School (1.7KM). * Gongshang Primary School (1.7KM). Hospital & Medical care: * St. Andrew's Community hospital (3.6KM) * Changi General hospital (3.1KM) * Parkway East hospital (10.2KM ------------------------------------------------------------------------------------------------------------------------------------------------------------------- ABOUT TIMOTHY: =============== In Singapore's vibrant real estate scene, Timothy Tan stands out as a distinguished realtor, graciously acknowledging the honor of being named the most notable agent in 2021. Beyond past achievements, his vision focuses on elevating industry standards through dedicated client service, innovative technologies, market trend awareness, and effective marketing. Timothy's commitment to excellence and innovation is showcased on TIMOTHYTAN.SG , providing valuable insights into his approach and contributions to real estate. Awards and Accolades: - Champion #1 Top Exclusive Lister - Apr ‘24 (Propnex) - 2nd Runner Up Top Rental Transactor Apr ‘24 (Propnex) - Platinum Achiever Apr ‘24 (Propnex) - Top 10 Most Notable Agent ‘21 - Singapore Business Times - Top 10 Achiever ‘20-23 (Orangetee)
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008022J
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Estimated sale value based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$729,654
S$521 psf
Asking Price
S$3,999
S$3 psf
Listing Type
Rental
Sale value shown for reference
vs Last Done
Not applicable
Cannot compare rent to sale psf
Tenure
66 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Tampines East
583m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$542
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.943
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$521
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJul 2024 | Blk 497A TAMPINES ST 45 Floor 01 TO 03 | 1,550sqft | S$840,000 | ▲S$542 +4.0% vs FV | 99yr from 1996 |
Jul 2024 | Blk 497A TAMPINES ST 45 Floor 01 TO 03 | 1,550sqft | S$840,000 | ▲S$542 +4.0% vs FV | 99yr from 1996 |
Blk 497A TAMPINES ST 45
Jul 2024 · Floor 01 TO 03
+4.0% vs FV
Blk 497A TAMPINES ST 45
Jul 2024 · Floor 01 TO 03
+4.0% vs FV
HELIOS AI Analysis
The HDB Executive unit located in Tampines presents a compelling case for valuation within the context of Singapore's dynamic real estate market. With a remaining lease of 66 years, this property is estimated to hold a value of $729,654, translating to a price per square foot (PSF) of $521. This valuation reflects a market price that is aligned with the baseline, indicating a stable position in the current property landscape. However, it is essential to consider the model confidence level, which is classified as low, suggesting that further transactions may be necessary to strengthen the reliability of this estimate.
Given that the valuation is based on only one recent HDB resale transaction in the vicinity, market dynamics indicate a cautious approach for potential buyers and investors. The low transaction volume in the area could signal a stagnation or a tentative recovery phase in the HDB market, particularly for properties with extended lease terms. As the remaining lease becomes a critical factor in determining value, stakeholders are advised to monitor upcoming sales closely, as fluctuations in demand or supply could significantly impact future valuations. Ultimately, while the current estimate presents a stable opportunity, ongoing market analysis will be crucial for informed decision-making.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.