4 Room (4A) HDB for Sale in 249 Tampines Street 21

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $513,759, translating to a price per square foot (PSF) of $464. This valuation is notably positioned above the market baseline, with a substantial 26.5% difference, indicating a potential premium for this specific property. Such a premium could be attributed to various factors, including the locality's desirability, upcoming infrastructural developments, or unique features of the unit itself.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity. This scarcity of comparable sales data may lead to fluctuations in perceived value, emphasizing the need for cautious investment considerations. As the HDB lease length continues to diminish over time, potential buyers and investors should remain vigilant about market dynamics that could impact future resale values, especially in a competitive environment like Tampines.