Premium HDB for Sale in 515D Tampines Central 7

The recent valuation of the HDB 4 ROOM unit in Tampines, with an estimated value of $817,442, indicates a robust demand for housing in the area, particularly given its remaining lease of 82 years. This valuation reflects a price per square foot (PSF) of $697, which positions it significantly above the market baseline by 33.1%. Such a premium suggests that buyers are willing to pay a higher price, likely driven by the unit's location, amenities, and the overall desirability of the Tampines district.

Market signals derived from a comprehensive analysis of 500 recent HDB resale transactions in the vicinity support a high level of confidence in this valuation. The strong market performance can be attributed to several factors, including the strategic location of Tampines, which is well-connected to public transportation and essential services, making it a preferred choice for families and young professionals alike. Furthermore, the long remaining lease of 82 years adds to the unit's appeal, providing potential buyers with a sense of security regarding their investment. Overall, this valuation not only underscores the strength of the local real estate market but also highlights the shifting dynamics of HDB pricing in response to demand and desirability in Singapore's competitive housing landscape.