4 Room (4A) HDB for Sale in 264 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 $520,971, translating to approximately $470 per square foot (PSF). This valuation is notably positioned above the market baseline, reflecting a substantial 26.3% premium. Such a significant deviation from the average market price is indicative of strong demand dynamics in the Tampines region, which continues to attract homebuyers due to its strategic location, comprehensive amenities, and robust transportation links.

Our analysis, grounded in data from 122 recent HDB resale transactions within the vicinity, exhibits a high confidence level in this valuation. The elevated price point can be attributed to several factors, including the area's desirability among families seeking spacious living options, as well as the potential for future appreciation given the ongoing urban developments in the East. As the market evolves, properties with favorable lease terms and strong location characteristics will likely maintain their premium positioning, making this HDB unit an attractive prospect for discerning buyers.