4 Room (4A) HDB for Sale in 161 Tampines Street 12

This valuation report presents an analytical overview of a 4-room HDB property located in the highly sought-after district of Tampines, currently valued at approximately $623,086, translating to a price per square foot (PSF) of $547. With a remaining lease of 56 years, this property stands at a premium, exhibiting an 11.2% elevation above the market baseline. This discrepancy signals a robust demand for HDB properties in the region, driven by both the strategic location and the inherent value associated with the remaining lease duration.

The model confidence for this valuation is marked as high, supported by a comprehensive analysis of 500 recent HDB resale transactions within the vicinity. This substantial dataset underscores the competitive nature of the local property market, highlighting the desirability of Tampines due to its accessibility, amenities, and community infrastructure. As the HDB market continues to evolve, this property not only reflects current market trends but also represents a sound investment opportunity for prospective buyers seeking long-term stability within Singapore’s dynamic real estate landscape.