Maisonette HDB for Sale in 156 Tampines Street 12

The valuation of the HDB Executive unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $872,007, translating to an impressive $548 per square foot. This valuation is indicative of the property commanding a position above the market baseline by 8.7%, which suggests a robust demand for HDB properties in this vibrant district. The elevated valuation reflects a nuanced understanding of the local real estate dynamics, where strong buyer interest aligns with the intrinsic value of the property.

Our analysis is grounded in recent transactional data, specifically nine HDB resale transactions within the immediate vicinity. While the model confidence is assessed as medium, the persistent appeal of the Tampines area, known for its excellent connectivity, amenities, and family-friendly environment, is likely to sustain or even enhance property values in the near future. Investors and homeowners should consider the longevity of the remaining lease, as it plays a crucial role in the long-term valuation trajectory of HDB properties, especially in a market where lease decay may impact future resale opportunities.