4 Room (4A) HDB for Sale in 283 Tampines Street 22

The subject property, a 4-room HDB flat located in the vibrant district of Tampines, possesses a remaining lease of 56 years, which is a critical factor influencing its valuation. With an estimated market value of $526,143, translating to a price per square foot (PSF) of $470, this property is currently positioned above the market baseline by a notable 23.5%. Such a premium valuation suggests strong demand dynamics within the locality, reflective of both the property’s intrinsic qualities and the broader market trends influencing HDB resale transactions in the region.

Our analysis is underpinned by a robust model confidence rating, derived from an extensive review of 122 recent HDB resale transactions in the vicinity. This confidence is further supported by the unique attributes of the Tampines area, which is renowned for its accessibility, amenities, and community offerings. As the market for HDB properties continues to evolve, the elevated valuation of this 4-room unit underscores the resilience of demand in established neighborhoods, coupled with the long-term potential associated with the remaining lease period. Stakeholders are advised to consider these factors when assessing the investment viability of this property.