5 Room (5I) HDB for Sale in 856 Tampines Street 82

The valuation of the 5-room HDB unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $717,816, translating to a price per square foot (PSF) of $547. This valuation places the property above the current market baseline by approximately 11.4%. Such a premium suggests that demand for HDB units in this well-established neighborhood is robust, driven by its strategic location and the comprehensive amenities that Tampines has to offer.

With a strong model confidence rating, based on a thorough analysis of 500 recent HDB resale transactions in the vicinity, the data underscores a healthy appreciation trajectory for properties in this region. The relatively long remaining lease of 58 years is also a significant factor, as it aligns with buyer preferences seeking long-term investment stability. As Singapore continues to evolve, areas like Tampines are expected to maintain their appeal, further strengthening the market dynamics and justifying the above-market valuation of this property.