5 Room (5I) HDB for Sale in 493A Tampines Avenue 9

Property Valuation Summary for HDB 5 Room in Tampines

The estimated value of the HDB 5 Room unit in Tampines stands at $757,433, translating to $563 per square foot (PSF). With a remaining lease of 65 years, this property presents a unique investment opportunity within a highly sought-after area. The valuation reflects a minor market price variation of 0.3% from the established baseline, indicating a stable, albeit cautious, market environment. This slight deviation suggests that while demand may be steady, the current market dynamics are characterized by a level of uncertainty.

It is important to note that the model confidence is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity serving as a benchmark. This lack of comprehensive transactional data may impact the reliability of the valuation, underscoring the necessity for potential buyers and investors to conduct further due diligence. In the context of the broader real estate landscape in Singapore, the remaining lease of this HDB unit plays a crucial role in its valuation and marketability, and thus, understanding the lease dynamics will be essential for making informed investment decisions.