Premium HDB for Sale in 871C Tampines Street 86

The valuation of the HDB 5-room unit in Tampines, with a remaining lease of 88 years, stands at an estimated value of $955,425, translating to a price per square foot (PSF) of $779. This figure reflects a market price that is only 2.7% off the baseline, indicating a relatively stable demand in this sought-after district. However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, as it is based on just one recent resale transaction in the vicinity.

In the current landscape of Singapore's HDB market, the remaining lease of 88 years plays a significant role in influencing buyer sentiment and capital appreciation potential. As the remaining lease diminishes over time, prospective buyers often weigh the longevity of the lease against their investment strategies, making locations like Tampines, known for their robust community infrastructure and accessibility, particularly appealing. Consequently, while the valuation aligns closely with market dynamics, the low confidence level suggests that further transactional data may be necessary to establish a more reliable valuation trend in this area.