4 Room (4A) HDB for Sale in 261 Tampines Street 21

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $554,292, translating to approximately $491 PSF. This valuation indicates a market signal categorized as "Above Market," reflecting a notable 13.7% premium over the baseline price for similar properties in the region. Such a discrepancy suggests a robust demand for HDB units in this locality, likely driven by its strategic position within Singapore, the availability of amenities, and the overall desirability of the Tampines area.

However, it is crucial to note the model confidence in this valuation is classified as Low, primarily due to the reliance on a limited dataset, evidenced by only one recent resale transaction in the vicinity. This lack of comprehensive transactional data may result in potential volatility in future valuations. Investors and prospective buyers should exercise caution and consider broader market trends and leasehold dynamics when evaluating this property. Given the remaining lease of 56 years, it is essential to assess the implications of lease decay on future resale values and the potential impact on investment returns in the long term.