4 Room (4A) HDB for Sale in 284 Tampines Street 22

The valuation of the 4-room HDB in Tampines, with a remaining lease of 56 years, stands at an estimated value of $588,240, translating to a price per square foot (PSF) of $531. This assessment is supported by a robust market analysis, drawing insights from 500 recent HDB resale transactions in the vicinity, demonstrating a high model confidence in the accuracy of this valuation. The property exhibits a market price that is only 1.4% above the baseline, indicating a stable demand within the region and a competitive market landscape.

Given the remaining lease term of 56 years, the property presents an attractive investment opportunity, particularly within the vibrant Tampines district known for its comprehensive amenities and connectivity. The minor deviation from the baseline price suggests that buyers are recognizing the value of long-term living in this area, factoring in the lease duration while remaining responsive to market conditions. As such, this valuation not only reflects current market dynamics but also emphasizes the enduring appeal of HDB living in Singapore's diverse real estate ecosystem.