2 Room (2A) HDB for Sale in 499B Tampines Avenue 9

The valuation of the HDB 2-room unit located in the vibrant district of Tampines, with a remaining lease of 85 years, stands at an estimated value of $408,357, translating to $825 PSF. This assessment reflects a nuanced understanding of the current market dynamics, as indicated by a modest 2.5% deviation from baseline market prices. Such a differential suggests a slight premium attributed to the property’s favorable lease tenure, which is a critical factor for potential buyers seeking stability and longevity in their investment.

However, it is important to note that the model confidence level is categorized as low, primarily due to the limited data set derived from only four recent HDB resale transactions in the vicinity. This scarcity of comparable sales may introduce variability in the valuation, underscoring the need for prospective buyers and investors to conduct further due diligence. The ongoing developments in the Tampines area, along with its established reputation as a key residential hub, could influence future market conditions, making this property a noteworthy consideration in the evolving landscape of Singapore’s HDB market.