5 Room (5I) HDB for Sale in 491F Tampines Street 45

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 65 years, stands at an estimated value of $743,676, which translates to a price per square foot (PSF) of $519. This valuation reflects a 4.9% difference from the market price baseline, indicating a competitive position within the current market landscape. The relatively low model confidence suggests that fluctuations in market dynamics and external economic factors may influence the precise value of this property.

Recent resale transactions in the vicinity, of which three were analyzed, provide a context for this valuation. The Tampines area has been known for its robust demand, particularly among families seeking spacious accommodations. However, the remaining lease period is a critical consideration, as properties with shorter leases tend to experience more significant depreciation in value over time. Investors and homeowners alike should consider these dynamics when evaluating their options in this vibrant precinct, ensuring that their decisions align with both current market trends and long-term investment goals.