5 Room (5A) HDB for Sale in 351 Tampines Street 33

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 67 years, stands at an estimated value of $808,614, translating to a price per square foot (PSF) of $561. This valuation reflects a market price that is 4.8% above the baseline, indicating a robust demand for HDB properties in this well-established precinct. The strong market signal suggests that buyers are willing to pay a premium for quality living spaces, particularly in a desirable location like Tampines, known for its comprehensive amenities and connectivity.

Our analysis, grounded in data from 159 recent HDB resale transactions in the area, exhibits a high level of model confidence, reinforcing the reliability of the valuation. The remaining lease of 67 years is a significant factor in the pricing dynamics, as it balances the opportunity for long-term investment with the realities of leasehold property depreciation. Given the strategic location and the ongoing development initiatives in Tampines, this property is positioned to retain its value well into the future, making it an attractive option for potential homeowners and investors alike.