228 Tampines Street 23 521228, Tampines East, East Region, Singapore
$690,000
Discover this well-maintained HDB apartment located at 228 Tampines Street 23, offering an excellent opportunity for first-time home buyers and young professionals. Priced at SGD 690,000, this 3-bedroom unit provides a comfortable living space within a popular district. Its L99 leasehold tenure, established in 1984, ensures a stable and established community environment. This active sale listing features 2 bathrooms and a functional layout, ideal for those seeking convenience and affordability in a vibrant neighborhood. The property’s strategic location in District 18 offers easy access to public transportation, shopping, and recreational facilities, making it a practical choice for urban living. Nearby amenities include: - Tampines Mall, Century Square, and IKEA Tampines for retail and dining options - Tampines MRT station and Tampines Bus Interchange for seamless connectivity - Parks such as Tampines Eco-Garden and Tampines Quarry Park for leisure activities Key educational institutions in the vicinity: - St. Hilda’s Primary School - Our Tampines Hub (comprehensive community facilities) - Tampines North Primary School Don’t miss this opportunity to own a well-priced, centrally located property tailored for first-time buyers and young professionals seeking a vibrant, accessible lifestyle.
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$587,225
S$557 psf
Asking Price
S$690,000
S$655 psf
vs Market
+17.5%
vs Last Done
-28.6%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
High
500 comps
Nearest MRT
Tampines East
87m away · +5% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
500 comparable transactions
S$652
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+5%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$557
Recent Comparable Transactions
10 shown · 500 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneMar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +64.6% vs FV | 99yr from 2011 |
Mar 2026 | Blk 167D SIMEI LANE Floor 10 TO 12 | 1,012sqft | S$928,000 | ▲S$917 +64.6% vs FV | 99yr from 2011 |
Mar 2026 | Blk 811 TAMPINES AVE 4 Floor 10 TO 12 | 980sqft | S$636,000 | ▲S$649 +16.5% vs FV | 99yr from 1985 |
Mar 2026 | Blk 868B TAMPINES AVE 8 Floor 04 TO 06 | 990sqft | S$735,000 | ▲S$742 +33.2% vs FV | 99yr from 2015 |
Mar 2026 | Blk 876C TAMPINES AVE 8 Floor 04 TO 06 | 1,001sqft | S$710,000 | ▲S$709 +27.3% vs FV | 99yr from 2021 |
Mar 2026 | Blk 879B TAMPINES AVE 8 Floor 13 TO 15 | 1,001sqft | S$770,000 | ▲S$769 +38.1% vs FV | 99yr from 2017 |
Mar 2026 | Blk 522B TAMPINES CTRL 7 Floor 13 TO 15 | 1,001sqft | S$808,000 | ▲S$807 +44.9% vs FV | 99yr from 2015 |
Mar 2026 | Blk 519B TAMPINES CTRL 8 Floor 07 TO 09 | 904sqft | S$851,500 | ▲S$942 +69.1% vs FV | 99yr from 2014 |
Mar 2026 | Blk 519A TAMPINES CTRL 8 Floor 04 TO 06 | 904sqft | S$865,000 | ▲S$957 +71.8% vs FV | 99yr from 2014 |
Mar 2026 | Blk 610C TAMPINES NTH DR 1 Floor 04 TO 06 | 1,001sqft | S$735,000 | ▲S$734 +31.8% vs FV | 99yr from 2020 |
Mar 2026 | Blk 614A TAMPINES NTH DR 1 Floor 13 TO 15 | 1,001sqft | S$835,000 | ▲S$834 +49.7% vs FV | 99yr from 2021 |
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+64.6% vs FV
Blk 167D SIMEI LANE
Mar 2026 · Floor 10 TO 12
+64.6% vs FV
Blk 811 TAMPINES AVE 4
Mar 2026 · Floor 10 TO 12
+16.5% vs FV
Blk 868B TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+33.2% vs FV
Blk 876C TAMPINES AVE 8
Mar 2026 · Floor 04 TO 06
+27.3% vs FV
Blk 879B TAMPINES AVE 8
Mar 2026 · Floor 13 TO 15
+38.1% vs FV
Blk 522B TAMPINES CTRL 7
Mar 2026 · Floor 13 TO 15
+44.9% vs FV
Blk 519B TAMPINES CTRL 8
Mar 2026 · Floor 07 TO 09
+69.1% vs FV
Blk 519A TAMPINES CTRL 8
Mar 2026 · Floor 04 TO 06
+71.8% vs FV
Blk 610C TAMPINES NTH DR 1
Mar 2026 · Floor 04 TO 06
+31.8% vs FV
Blk 614A TAMPINES NTH DR 1
Mar 2026 · Floor 13 TO 15
+49.7% vs FV
HELIOS AI Analysis
<p>The valuation of this HDB 4-room unit in Tampines, with a remaining lease of 57 years, is pegged at an estimated value of $587,225, translating to a price per square foot (PSF) of $557. This valuation is notable as it positions the property above the market average by 17.5%, indicating a robust demand and a competitive edge in the current real estate climate. The high model confidence of this analysis, derived from an extensive dataset of 500 recent HDB resale transactions in the vicinity, underscores the reliability of the valuation metrics and market positioning.</p> <p>With a remaining lease of 57 years, this property maintains a significant appeal among potential buyers, particularly in a dynamic area like Tampines, which is characterized by strong infrastructure and lifestyle amenities. The above-market valuation suggests that buyers are willing to invest a premium for properties that offer not only immediate living benefits but also long-term value retention. As the landscape of HDB resale transactions continues to evolve, this analysis highlights the importance of strategic positioning and the influence of local market dynamics on property valuations.</p>
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.