5 Room (5I) HDB for Sale in 136 Simei Street 1

This valuation report focuses on a 5-room HDB flat located in the vibrant neighbourhood of Tampines, which is currently experiencing a strong demand trajectory in the real estate market. The estimated value of this property stands at $654,531, translating to $499 PSF. With a remaining lease of 60 years, this HDB unit not only offers substantial living space but also benefits from the strategic location that Tampines provides, including accessibility to essential amenities and public transport networks.

Notably, the valuation indicates a market signal categorized as above market, with a significant 14.6% difference from the baseline. This discrepancy underscores the competitive landscape in the HDB resale market, driven by an increasing appetite for spacious flats within established precincts. The model confidence is rated as high, bolstered by data drawn from 145 recent HDB resale transactions in the vicinity, reflecting robust buyer interest and a sustainable growth trajectory for HDB properties in this area. As such, prospective buyers should recognize the potential for value appreciation in this segment, particularly given the limited lease duration remaining.