6 Bed Bungalow (Landed) for Sale in Double Bay Residences

The valuation of the HDB Executive property located in Tampines signifies a notable presence in the Singapore real estate market. With a remaining lease of 85 years, this property has been appraised at an estimated value of $5,499,137, which translates to an impressive $677 per square foot (PSF). This valuation positions the property significantly above the prevailing market rate, reflecting a remarkable 132.8% differential from the baseline, which indicates heightened demand and desirability in the region.

Market dynamics reveal a robust confidence level in this valuation, rated as high, based on a comprehensive analysis of 492 recent HDB resale transactions within the vicinity. The substantial remaining lease not only enhances the property's appeal but also serves as a critical factor contributing to its elevated market value. As such, prospective buyers should consider the long-term investment potential and asset appreciation associated with this executive HDB unit in the thriving Tampines area.