893 Tampines Avenue 8 520893, Tampines West, East Region, Singapore
$995,000
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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: L3002382K
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Automated Valuation based on 2 HDB resale transactions (data.gov.sg)
Fair Value
S$967,741
S$642 psf
Asking Price
S$995,000
S$660 psf
vs Market
+2.8%
vs Last Done
+3.8%
Tenure
69 yrs
99-year Leasehold · Balance remaining
Confidence
Low
2 comps
Nearest MRT
Tampines West
987m away · +2% premium
URA PSF Trendline vs Listing Price
Hedonic Adjustment Breakdown
Base URA PSF
2 comparable transactions
S$639
Floor Premium
0.5% per floor vs median
+0.0%
Tenure Decay
Bala's curve (99yr leasehold)
×0.986
MRT Proximity
Within 500m / 1km
+2%
AI Condition Premium
HELIOS scan of listing description
0%
Adjusted Fair Value PSF
S$642
Recent Comparable Transactions
2 shown · 2 total| Date | Block / Street | Area | Price | PSF | Tenure |
|---|---|---|---|---|---|
Last DoneJun 2025 | Blk 893 TAMPINES AVE 8 Floor 04 TO 06 | 1,507sqft | S$958,000 | ▼S$636 -0.9% vs FV | 99yr from 1997 |
Jun 2025 | Blk 893 TAMPINES AVE 8 Floor 04 TO 06 | 1,507sqft | S$958,000 | ▼S$636 -0.9% vs FV | 99yr from 1997 |
May 2025 | Blk 893 TAMPINES AVE 8 Floor 01 TO 03 | 1,518sqft | S$973,888 | ▼S$642 0.0% vs FV | 99yr from 1997 |
Blk 893 TAMPINES AVE 8
Jun 2025 · Floor 04 TO 06
-0.9% vs FV
Blk 893 TAMPINES AVE 8
Jun 2025 · Floor 04 TO 06
-0.9% vs FV
Blk 893 TAMPINES AVE 8
May 2025 · Floor 01 TO 03
0.0% vs FV
HELIOS AI Analysis
The valuation of the HDB Executive property in Tampines, with a remaining lease of 69 years, stands at an estimated value of $967,741, translating to a price per square foot (PSF) of $642. This pricing reflects a modest 2.8% deviation from the baseline market price, indicating a stable yet cautious market sentiment. The relatively low model confidence is noteworthy, stemming from the reliance on only two recent resale transactions in the vicinity, which may not fully encapsulate the broader market trends.
In the context of Singapore's dynamic real estate landscape, the remaining lease of 69 years is a critical factor influencing buyer sentiment and overall property value. Properties with shorter leases often face a depreciation in value as the lease term diminishes, impacting potential resale opportunities in the future. Therefore, while the current valuation appears competitive, it is essential for prospective buyers and investors to consider the implications of lease longevity and market fluctuations when evaluating this HDB Executive property in Tampines.
⚠️ Indicative estimate only. Based on URA resale transaction data. Not a formal valuation. Consult a licensed valuer for financial decisions.