5 Room (5A) HDB for Sale in 242 Simei Street 5

The valuation of the HDB 5 Room property in Tampines, with a remaining lease of 68 years, stands at an estimated value of $866,329, translating to a price per square foot of $660. This valuation reflects a robust market positioning, particularly noted by a favorable market signal indicating it as a "Good Deal," with a 5.6% deviation from the baseline. Such a percentage suggests that this property is competitively priced within the current market dynamics, making it an attractive option for both investors and potential homeowners.

Our analysis is backed by a comprehensive review of 500 recent HDB resale transactions in the vicinity, which enhances the credibility of this valuation. The high model confidence suggests a reliable forecasting of pricing trends in this area, indicating a stable demand for HDB properties in Tampines. Given the remaining lease length, prospective buyers will appreciate the balance between a substantial lease period and a competitive pricing structure, positioning this property favorably within the current real estate landscape in Singapore.