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…
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$597,808
S$459 psf
Asking Price
S$746,000
S$573 psf
vs Market
+24.8%
vs Last Done
+9.8%
Tenure
57 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Tampines East
504m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$553
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$459
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneApr 2026 | Blk 298 TAMPINES ST 22 Floor 01 TO 03 | 1,302sqft | S$680,000 | ▲S$522 +13.7% vs FV | 99yr from 1985 |
Apr 2026 | Blk 298 TAMPINES ST 22 Floor 01 TO 03 | 1,302sqft | S$680,000 | ▲S$522 +13.7% vs FV | 99yr from 1985 |
Oct 2025 | Blk 298 TAMPINES ST 22 Floor 01 TO 03 | 1,302sqft | S$760,000 | ▲S$584 +27.2% vs FV | 99yr from 1985 |
Blk 298 TAMPINES ST 22
Apr 2026 · Floor 01 TO 03
+13.7% vs FV
Blk 298 TAMPINES ST 22
Apr 2026 · Floor 01 TO 03
+13.7% vs FV
Blk 298 TAMPINES ST 22
Oct 2025 · Floor 01 TO 03
+27.2% vs FV
HELIOS AI Analysis
The valuation of the HDB 5-room unit located in the vibrant precinct of Tampines has been assessed at an estimated value of $597,808, translating to a price per square foot (PSF) of $459. This valuation is positioned above the prevailing market baseline by a notable 24.8%, indicating a potential premium attributed to the unit's strategic location and desirable attributes. The remaining lease of 57 years is a crucial consideration for buyers, as it significantly impacts both the investment potential and the unit's attractiveness in a competitive market.
However, it is important to note that the model confidence for this valuation is classified as low, which suggests a degree of uncertainty in the projected value. This assessment is primarily supported by only two recent HDB resale transactions in the vicinity, which may not fully capture the broader market dynamics. As such, potential investors and homeowners should approach this valuation with a nuanced understanding of the local real estate landscape, considering factors such as demand fluctuations, upcoming developments, and demographic shifts within the Tampines area.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.