4 Room (4A) HDB for Sale in 293 Tampines Street 22

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $594,080, translating to a price per square foot (PSF) of $531. This assessment reflects a robust market position, evidenced by a mere 0.7% deviation from the established baseline price. Such a slight variation indicates a stable demand in the region, reinforcing the property’s appeal among prospective buyers amidst the current market landscape.

Our analysis is underpinned by a comprehensive review of 500 recent HDB resale transactions within the vicinity, yielding a high model confidence level. The data suggests that properties with similar lease durations in Tampines have maintained their value, largely due to the area's strategic location and well-developed amenities. Furthermore, the remaining lease of 56 years positions this unit favorably, as buyers typically seek long-term investment potential in their property acquisitions. As such, this HDB unit not only represents a sound investment but also reflects the resilience of the Tampines real estate market.