5 Room (5I) HDB for Sale in 855 Tampines Street 83

The HDB 5 Room property located in the vibrant district of Tampines is currently valued at approximately $642,904, translating to a price per square foot (PSF) of $490. With a remaining lease of 59 years, this valuation places the property at a premium, reflecting a significant market signal that is 13.5% above the baseline. Such an elevated valuation indicates a robust demand for HDB units in this area, often driven by factors such as local amenities, accessibility, and the overall desirability of the Tampines estate.

Our analysis is grounded in a comprehensive review of 149 recent HDB resale transactions in the vicinity, providing a high model confidence level for this valuation. The sustained interest in Tampines can be attributed to its strategic location and the extensive infrastructure developments that continue to enhance the living experience for residents. As Singapore's urban landscape evolves, properties with longer leases, such as this one, are likely to retain their value and appeal, making them a sound investment for prospective buyers looking to secure a stake in this thriving community.