228 Tampines Street 23 521228, Tampines East, East Region, Singapore
$620,000
Spacious and unique 4-room flat with courtyard oasis! Perfect for laundry, gardening, or relaxation. NO extension needed! Just mins walk to MRT, supermarkets, and a food paradise! Call Joei at 8687XXXX to view
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: L3002382K
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$487,582
S$472 psf
Asking Price
S$620,000
S$600 psf
vs Market
+27.2%
vs Last Done
+8.7%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Tampines East
87m away · +5% premium
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$552
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$472
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneFeb 2026 | Blk 228 SIMEI ST 4 Floor 01 TO 03 | 1,119sqft | S$618,000 | ▲S$552 +16.9% vs FV | 99yr from 1988 |
Feb 2026 | Blk 228 SIMEI ST 4 Floor 01 TO 03 | 1,119sqft | S$618,000 | ▲S$552 +16.9% vs FV | 99yr from 1988 |
Feb 2026 | Blk 228 SIMEI ST 4 Floor 01 TO 03 | 1,119sqft | S$618,000 | ▲S$552 +16.9% vs FV | 99yr from 1988 |
Blk 228 SIMEI ST 4
Feb 2026 · Floor 01 TO 03
+16.9% vs FV
Blk 228 SIMEI ST 4
Feb 2026 · Floor 01 TO 03
+16.9% vs FV
Blk 228 SIMEI ST 4
Feb 2026 · Floor 01 TO 03
+16.9% vs FV
HELIOS AI Analysis
The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $487,582, translating to a price per square foot (PSF) of $472. This valuation is notably positioned above the current market baseline, reflecting a significant 27.2% differential. Such a premium valuation may indicate a heightened demand for HDB properties in this region, potentially driven by various socio-economic factors, including the area's accessibility, amenities, and demographic trends.
However, it is imperative to note that the model confidence for this valuation is categorized as low, based on a limited dataset of merely two recent resale transactions in the vicinity. This suggests that market fluctuations and external influences may not be fully captured in the analysis, thereby warranting cautious interpretation of the valuation. As the remaining lease period of 57 years may also affect buyer sentiment and decision-making, potential investors should carefully consider both the unique qualities of the property and broader market dynamics before proceeding.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.