298 Tampines Street 22 520298, Tampines East, East Region, Singapore
$688,000
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…

License: L3008022J
Automated Valuation based on 500 HDB resale transactions (data.gov.sg)
Fair Value
S$707,015
S$538 psf
Asking Price
S$688,000
S$524 psf
vs Market
-2.7%
vs Last Done
-9.5%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Tampines East
504m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$648
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$538
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 156 SIMEI RD Floor 04 TO 06 | 1,313sqft | S$760,000 | ▲S$579 +7.6% vs FV | 99yr from 1989 |
Mar 2026 | Blk 156 SIMEI RD Floor 04 TO 06 | 1,313sqft | S$760,000 | ▲S$579 +7.6% vs FV | 99yr from 1989 |
Mar 2026 | Blk 255 SIMEI ST 1 Floor 10 TO 12 | 1,270sqft | S$888,000 | ▲S$699 +29.9% vs FV | 99yr from 1996 |
Mar 2026 | Blk 945 TAMPINES AVE 4 Floor 10 TO 12 | 1,378sqft | S$900,888 | ▲S$654 +21.6% vs FV | 99yr from 1988 |
Mar 2026 | Blk 859 TAMPINES AVE 5 Floor 07 TO 09 | 1,313sqft | S$813,000 | ▲S$619 +15.1% vs FV | 99yr from 1988 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 04 TO 06 | 1,216sqft | S$908,000 | ▲S$747 +38.8% vs FV | 99yr from 2021 |
Mar 2026 | Blk 515C TAMPINES CTRL 7 Floor 01 TO 03 | 1,130sqft | S$720,000 | ▲S$637 +18.4% vs FV | 99yr from 2008 |
Mar 2026 | Blk 609B TAMPINES NTH DR 1 Floor 10 TO 12 | 1,216sqft | S$930,000 | ▲S$765 +42.2% vs FV | 99yr from 2020 |
Mar 2026 | Blk 610A TAMPINES NTH DR 1 Floor 01 TO 03 | 1,216sqft | S$822,000 | ▲S$676 +25.7% vs FV | 99yr from 2020 |
Mar 2026 | Blk 612B TAMPINES NTH DR 1 Floor 10 TO 12 | 1,216sqft | S$968,000 | ▲S$796 +48.0% vs FV | 99yr from 2020 |
Mar 2026 | Blk 232 TAMPINES ST 21 Floor 10 TO 12 | 1,324sqft | S$790,000 | ▲S$597 +11.0% vs FV | 99yr from 1985 |
Blk 156 SIMEI RD
Mar 2026 · Floor 04 TO 06
+7.6% vs FV
Blk 156 SIMEI RD
Mar 2026 · Floor 04 TO 06
+7.6% vs FV
Blk 255 SIMEI ST 1
Mar 2026 · Floor 10 TO 12
+29.9% vs FV
Blk 945 TAMPINES AVE 4
Mar 2026 · Floor 10 TO 12
+21.6% vs FV
Blk 859 TAMPINES AVE 5
Mar 2026 · Floor 07 TO 09
+15.1% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+38.8% vs FV
Blk 515C TAMPINES CTRL 7
Mar 2026 · Floor 01 TO 03
+18.4% vs FV
Blk 609B TAMPINES NTH DR 1
Mar 2026 · Floor 10 TO 12
+42.2% vs FV
Blk 610A TAMPINES NTH DR 1
Mar 2026 · Floor 01 TO 03
+25.7% vs FV
Blk 612B TAMPINES NTH DR 1
Mar 2026 · Floor 10 TO 12
+48.0% vs FV
Blk 232 TAMPINES ST 21
Mar 2026 · Floor 10 TO 12
+11.0% vs FV
HELIOS AI Analysis
The valuation of the 5-room HDB unit in Tampines, estimated at $707,015 or $538 PSF, reflects a robust market signal with a 2.7% deviation from the baseline price, showcasing the property’s competitive standing within the local real estate landscape. This analysis is bolstered by a substantial database of 500 recent HDB resale transactions in the vicinity, ensuring a comprehensive understanding of current market dynamics and trends.
With a remaining lease of 57 years, this property presents a compelling opportunity for both investors and homebuyers, particularly in the highly sought-after Tampines region. The high model confidence in this valuation indicates a strong alignment with market expectations, suggesting that the property retains its value and appeal despite the diminishing lease period. Overall, the positive market signal, combined with the strategic location, positions this HDB unit as a valuable asset in Singapore's evolving real estate market.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.