5 Room (5I) HDB for Sale in 842H Tampines Street 82

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 67 years, stands at an estimated value of $844,977, equating to $633 per square foot. This figure not only reflects the intrinsic value of the property but also indicates a significant market signal, as it is positioned 6.5% above the baseline for similar properties in the area. Such a premium valuation suggests a robust demand for HDB units in this sought-after precinct, driven by factors such as proximity to amenities, public transport, and the overall appeal of the Tampines estate.

The model confidence for this valuation is categorized as high, which is supported by a thorough analysis of 500 recent HDB resale transactions in the vicinity. This extensive dataset provides a strong foundation for our market assessment, highlighting the resilience of property values in this region. As the remaining lease period of 67 years is above the average threshold for HDB units, it enhances the attractiveness of this property to potential buyers, particularly those looking for long-term occupancy. In summary, the current valuation encapsulates both the prevailing market dynamics and the enduring appeal of HDB living in Tampines.