5 Room (5I) HDB for Sale in 871A Tampines Street 84

The valuation of the HDB 5-room property in Tampines, with a remaining lease of 62 years, stands at an estimated value of $661,160, translating to a price per square foot (PSF) of $512. This valuation is notably positioned above the market baseline, reflecting a significant premium of 17.2%. The robust market signal indicates a strong demand for properties in this area, which is corroborated by the high model confidence derived from an analysis of 86 recent HDB resale transactions in the vicinity.

The dynamics of the HDB market in Tampines are influenced by several factors, including the area's strategic location, accessibility to amenities, and community infrastructure. With a remaining lease of 62 years, this property still offers a considerable tenure for potential buyers, making it an attractive option in a competitive marketplace. The premium valuation suggests not only a healthy demand but also reflects the ongoing trend of buyers willing to invest in HDB properties that provide both comfort and long-term value appreciation.