Executive HDB for Sale in 740 Tampines Street 72

The valuation of the HDB Executive property in Tampines, with a remaining lease of 69 years, stands at an estimated value of $849,292, translating to a price per square foot (PSF) of $560. This valuation reflects a modest market signal with a 4.7% difference from the baseline, indicating a relatively stable pricing environment in the area. The slight variation suggests that while demand exists, it is tempered, likely due to the ongoing uncertainties in the broader economic landscape and the specific nuances of the HDB market.

Model confidence for this valuation is categorized as low, which underscores the necessity for cautious interpretation of these figures. This assessment is drawn from a comparative analysis of three recent HDB resale transactions within the vicinity, which provides a foundational basis for the current estimation. Investors and potential homeowners should remain attentive to the lease dynamics and market trends, as the remaining lease period is a critical factor influencing buyer sentiment and future resale potential. In light of these considerations, the property presents both opportunities and challenges within the evolving landscape of Singapore's residential real estate market.