Executive HDB for Sale in 826 Tampines Street 81

The valuation of the HDB Executive property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $929,590, equating to a price per square foot (PSF) of $448. This valuation indicates a significant premium, being 23.7% above the baseline market value. Such a deviation suggests strong demand dynamics in the area, potentially driven by the attractiveness of Tampines as a mature residential precinct, coupled with its robust infrastructural developments and proximity to essential amenities.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the limited data pool, with only one recent HDB resale transaction in the vicinity serving as a comparative benchmark. This scarcity of transactional data may introduce variability in the valuation, warranting caution for potential buyers and investors. As the remaining lease decreases, perceptions of value may shift, influencing market sentiment and ultimately the future resale potential of this property. Thus, while the current valuation reflects a premium positioning, stakeholders should remain vigilant to emerging market trends and broader economic indicators that could impact the HDB landscape in Singapore.