4 Room (4A) HDB for Sale in 263 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 $557,088, equating to $484 per square foot. This valuation is notable for being 18.1% above the baseline market value, indicating a robust demand relative to supply within the vicinity. Such a premium reflects not only the desirability of the Tampines estate but also the unit's potential appreciation in value, given its strategic location and the area's ongoing development initiatives.

With a model confidence rated as high, this valuation is underpinned by a comprehensive analysis of 117 recent HDB resale transactions in the neighbourhood. The data suggests that buyers are increasingly willing to pay a premium for properties that are well-maintained and situated in vibrant locales. The significant remaining lease of 56 years further enhances the property's attractiveness, as it provides a substantial window for potential homeowners and investors alike, ensuring long-term usability and investment security in Singapore's dynamic real estate market.