4 Room (4A) HDB for Sale in 264 Tampines Street 21

The valuation of the HDB 4-room unit located in the vibrant district of Tampines, with a remaining lease of 56 years, is estimated at $520,956 or $470 PSF. This valuation positions the property significantly above the current market baseline, reflecting a remarkable 28.6% premium compared to comparable transactions in the area. Such a substantial deviation underscores the unique desirability of this location, which is bolstered by its accessibility to essential amenities, public transport, and educational institutions, making it an attractive option for both families and investors alike.

The model confidence in this valuation is categorized as high, based on an extensive analysis of 125 recent HDB resale transactions within the vicinity. The robust data set not only validates the elevated pricing but also indicates a sustained demand for HDB properties in Tampines, a region that continues to witness increasing interest due to its strategic positioning and community-centric environment. As the real estate market evolves, the dynamics of lease duration and property age become increasingly critical; thus, potential buyers should consider the implications of the remaining lease period and its impact on long-term investment viability.