5 Room (5A) HDB for Sale in 260 Tampines Street 21

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $629,411, equating to $440 per square foot. This figure places the property significantly above the baseline market value, reflecting a notable 23.9% premium. Such a discrepancy indicates a robust demand for HDB units in the area, likely driven by factors such as proximity to amenities, transport links, and the overall desirability of the Tampines estate.

However, it is crucial to note that the model confidence for this valuation is categorized as low, suggesting that the estimate may be influenced by a limited dataset of only three recent HDB resale transactions in the vicinity. This scarcity of comparable sales could undermine the reliability of the valuation, as market dynamics can fluctuate significantly with varying transaction volumes. Investors and potential buyers should consider these factors carefully, balancing the appeal of the property against the inherent risks associated with the remaining lease period and the current market conditions.