Executive HDB for Sale in 495E Tampines Street 43

The valuation of the HDB Executive property located in Tampines, with a remaining lease of 65 years, stands at an estimated value of $862,204, translating to a price per square foot (PSF) of $542. This valuation positions the property significantly above the market baseline, reflecting a 13.7% premium. Such a valuation suggests that demand for HDB properties in this area remains robust, driven by factors such as location desirability, proximity to amenities, and ongoing urban development in Tampines.

However, it is critical to note that the model confidence for this valuation is classified as low, based on an analysis of only four recent HDB resale transactions in the vicinity. This limited dataset may indicate volatility in the market or insufficient comparable sales to draw a more definitive conclusion. Investors should consider the remaining lease period of 65 years, which, while still substantial, may influence future appreciation potential and buyer sentiment as the lease length diminishes over time. In conclusion, while the property reflects a strong market signal, prospective buyers are advised to exercise caution and conduct further due diligence in light of the current market dynamics.