1 Room HDB for Sale in 295 Tampines Street 22

The valuation of the HDB 2-room unit in Tampines, with a remaining lease of 56 years, is estimated at $505,242, translating to a price per square foot of $644. This valuation reflects a robust market signal, indicating a 5% increase from the baseline price. Such a dynamic suggests a healthy demand for HDB properties in the area, driven by factors including the strategic location of Tampines, which is well-connected to amenities and transportation networks.

Our analysis, grounded in recent data from 26 HDB resale transactions in the vicinity, showcases a high model confidence in this valuation. The surrounding market conditions indicate that buyers are increasingly willing to invest in properties with a remaining lease of over five decades, viewing them as viable long-term investments. As Tampines continues to evolve with new developments and infrastructural improvements, we anticipate sustained interest in HDB units, making this property a promising opportunity for potential homeowners and investors alike.