4 Room (4A) HDB for Sale in 165 Simei Road

The valuation of the HDB 4-room flat in Tampines, with a remaining lease of 61 years, stands at an estimated value of $569,229, translating to a price per square foot (PSF) of $509. This figure is notably above the market baseline by approximately 13.8%, indicating a premium positioning within the local real estate landscape. Such a valuation suggests a robust demand in the area, reflecting the desirability of the Tampines estate as a residential hub, particularly among families seeking spacious accommodations in a well-connected district.

However, it is essential to note that the model confidence for this valuation is categorized as low, which could indicate potential volatility in the pricing trends or a lack of sufficient comparable transactions to solidify the estimate. The analysis is based on three recent HDB resale transactions in the vicinity, which may not provide a comprehensive view of current market dynamics. Investors and potential buyers should consider the implications of the remaining lease, as HDB properties with shorter leases can experience fluctuating demand and pricing pressures as they near the end of their lease term.