4 Room (4A) HDB for Sale in 250 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 $491,247, translating to a price per square foot (PSF) of $447. This valuation is notably above the market baseline, reflecting a 42.5% premium. Such a significant deviation suggests a strong demand for properties in this locality, which is characteristic of the Tampines area, known for its comprehensive amenities and connectivity. The vibrant market dynamics may be influenced by the proximity to major transport hubs and lifestyle conveniences, appealing to both families and investors alike.

However, it is essential to note that the model confidence for this valuation remains low, primarily due to the limited dataset, with only two recent HDB resale transactions in the vicinity serving as reference points. This scarcity of data may introduce volatility and uncertainty in the pricing assessment. Investors and potential buyers should exercise caution and consider conducting further due diligence to understand the broader market trends and the implications of the remaining lease on the property’s long-term value and resale potential.