5 Room (5A) HDB for Sale in 288 Tampines Street 22

The valuation of the HDB 5-room property in Tampines, with a remaining lease of 56 years, stands at an estimated value of $562,799, translating to $393 PSF. This appraisal indicates a significant market signal, as it is positioned 25.8% above the baseline. Such an elevated valuation suggests that the property is experiencing heightened demand, potentially driven by the desirable location and the amenities that Tampines offers. This area is well-regarded for its accessibility, comprehensive public infrastructure, and vibrant community, making it an attractive choice for families and investors alike.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on only one recent HDB resale transaction within the vicinity. The limited data points contribute to uncertainty in the valuation model, indicating that fluctuations in the local market could significantly influence the property's actual market performance. As such, potential buyers and investors should approach this valuation with a degree of caution, taking into account broader market trends and the implications of the remaining lease period on future resale value.