5 Room (5A) HDB for Sale in 162 Tampines Street 12

In the vibrant district of Tampines, the valuation of a 5-room HDB unit has been meticulously assessed at $738,951, translating to a price per square foot (PSF) of $512. With a remaining lease of 56 years, this property is positioned within a market context that indicates an above-market valuation, showcasing a notable 12.3% premium over the baseline expectations for similar units in the area.

However, it is imperative to highlight the underlying market dynamics that contribute to this valuation. The model confidence for this assessment is currently rated as low, primarily due to the reliance on a limited dataset, specifically one recent HDB resale transaction in the vicinity. This underscores the volatility inherent in the local real estate market, particularly as it relates to properties with longer remaining leases. Potential buyers and investors should exercise caution and conduct a comprehensive analysis of market trends and comparable sales to ascertain the sustainability of this pricing trajectory in Tampines.