5 Room (5I) HDB for Sale in 302 Tampines Street 32

The recent valuation of the HDB 5 Room property in Tampines, with a remaining lease of 65 years, is estimated at $734,991, translating to a price per square foot of $542. This valuation reflects an upward market signal, being approximately 6.1% above the baseline, indicating a sustained interest in the area despite a low model confidence rating. The analysis is based on a limited data set, with only one recent HDB resale transaction in the vicinity, which suggests that the market dynamics may be influenced by unique local factors rather than broader trends.

While the property benefits from its strategic location in Tampines—a mature and well-connected estate—prospective buyers should consider the implications of the remaining lease period. With 65 years left on the lease, the property may attract a specific segment of buyers who prioritize location over lease duration. The low confidence model in this valuation highlights the inherent risks involved, as it is derived from scant transactional evidence. Investors should remain vigilant and consider the broader market conditions and future developments in the area that could impact the long-term value of this HDB unit.