298 Tampines Street 22 520298, Tampines East, East Region, Singapore
$746,000
HDB 5 room flat, high floor, move in condition unit at Blk 298 Tampines Street 22. Straightforward Case as do not need extension stay. Blk 298 Tampines is located right at door steps to many amenities, with coffeeshops, clinic, minimarts, supermarket and schools etc. We are also short drive to Tampines Central, Tampines MRT, Changi Airport, Changi Business Park, Singapore University of Technology and Design (SUTD), Changi General Hospital, Singapore Expo, Bedok, East Coast Park and Pasir Ris Shopping Mall etc. Excellent Accessibity: Blk 298 Tampines is just a short drive to Major Expressway, Pan-Island Expressway (PIE), Tampines Expressway (TPE). Blk 298 Tampines is walking distance Tampines East MRT (Downtown Line). Tampines East MRT being the Downtown Line is Singapore’s fifth MRT line and reaches out to residential areas such as Bukit Panjang, Bukit Timah, MacPherson and Bedok Reservoir that were previously not served by the MRT. Tampines East MRT offer an alternative commuting route, connecting people to the city and making travel within the city centre a breeze, with the enhances connectivity residences of Blk 298 Tampines can reach the Central Business District (CBD) area, Marina Bay Sands and the City Hall fringe more quickly. Primary Schools within 1km CHONGZHENG Primary School EAST SPRING Primary School GONGSHANG Primary School YUMIN Primary School Schools between 1 to 2km Changkat Primary School Junyuan Primary School St. Hilda's Primary School Tampines North Primary School Tampines Primary School White Sands Primary School Contact Now for Viewing: Bob Ho CEA R026512A HP: *9437XXXX*
The following locations are within radius of this property, with distance shown in kilometers.
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Total Transactions
0
Average Price
S0
Total Value
S0
No transaction data found. This could be due to:
Calculating fair value from URA transaction data…


License: L3008022J
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Automated Valuation based on 1 HDB resale transactions (data.gov.sg)
Fair Value
S$631,019
S$485 psf
Asking Price
S$746,000
S$573 psf
vs Market
+18.2%
vs Last Done
-1.9%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
1 comps
Nearest MRT
Tampines East
504m away · +2% premium
Hedonic Adjustment Breakdown
Base URA PSF
1 comparable transactions
S$584
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.814
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$485
Recent Comparable Transactions
1 shown · 1 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneOct 2025 | Blk 298 TAMPINES ST 22 Floor 01 TO 03 | 1,302sqft | S$760,000 | ▲S$584 +20.4% vs FV | 99yr from 1985 |
Oct 2025 | Blk 298 TAMPINES ST 22 Floor 01 TO 03 | 1,302sqft | S$760,000 | ▲S$584 +20.4% vs FV | 99yr from 1985 |
Blk 298 TAMPINES ST 22
Oct 2025 · Floor 01 TO 03
+20.4% vs FV
Blk 298 TAMPINES ST 22
Oct 2025 · Floor 01 TO 03
+20.4% vs FV
HELIOS AI Analysis
In the competitive landscape of Singapore's real estate market, the valuation of the HDB 5-room unit in Tampines, with a remaining lease of 57 years, presents a compelling case for analysis. The estimated value of $631,019, translating to $485 per square foot, reflects a significant market signal, indicating an estimated value that is 18.2% above the baseline. Such a premium valuation suggests strong demand dynamics, possibly driven by the strategic location of Tampines, which is well-regarded for its accessibility and comprehensive amenities.
However, it is essential to note the model confidence level, which is categorized as low, indicating that the valuation is based on a limited dataset—only one recent HDB resale transaction in the vicinity. This lack of robust market data may result in volatility in future pricing and investment decisions. Investors and potential homeowners should exercise caution and undertake further market research to validate this premium valuation, considering the implications of the remaining lease duration on long-term asset appreciation and occupancy potential.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.