5 Room (5I) HDB for Sale in 741 Tampines Street 72

The valuation for the HDB 5 Room property located in the vibrant precinct of Tampines stands at an estimated value of $780,642, translating to a price per square foot (PSF) of $595. This valuation places the property above the market baseline by 5.7%, indicating a potential premium attributed to its desirable location and the amenities that accompany living in this well-established neighbourhood. With a remaining lease of 70 years, this property still holds significant value, reflecting a strong demand trajectory for HDB properties in the area.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset comprising only one recent HDB resale transaction in the vicinity. Such a narrow data point may not fully encapsulate the broader market dynamics, potentially skewing the perceived value. In this context, while the current valuation suggests a robust investment opportunity, prospective buyers and investors should exercise caution and conduct further market research to ascertain the sustainability of this premium in relation to the overall HDB landscape in Tampines.