Premium HDB for Sale in 498H Tampines Street 45

This analytical summary focuses on a 5-room HDB flat located in the sought-after Tampines district, which has a remaining lease of 68 years. The estimated value of the property stands at $767,593, translating to a price per square foot (PSF) of $575. This valuation reflects a nuanced understanding of current market dynamics, as it indicates a market price that is only 2.7% above the baseline, suggesting a stable demand amidst ongoing fluctuations in the broader real estate market.

Our confidence in this valuation is classified as high, supported by an extensive analysis of 148 recent HDB resale transactions within the vicinity. The data indicates a robust performance of HDB properties in Tampines, driven by factors such as the area's strategic location, accessibility, and amenities. The remaining lease of 68 years is also a significant consideration, as it positions the property within a favorable timeframe for potential buyers looking for long-term investments. In summary, this HDB flat presents a compelling opportunity for investors and homeowners alike, reflecting the resilience of the HDB market in Singapore.