4 Room (4A) HDB for Sale in 402 Tampines Street 41

The valuation of the HDB 4-room property located in the vibrant district of Tampines reflects a robust market sentiment, with an estimated value of $578,994, translating to a price per square foot (PSF) of $512. This valuation indicates a significant premium, as it stands 19% above the baseline market assessment. Such an upward deviation suggests a strong demand for HDB units in this locality, driven by both intrinsic property features and the surrounding amenities that enhance the living experience in Tampines.

With a remaining lease of 58 years, this property benefits from a relatively long tenure, which is a crucial factor for prospective buyers, particularly in a market where lease length can significantly influence value perceptions. The model confidence in this valuation is rated as high, supported by an analysis of 201 recent HDB resale transactions in the vicinity, indicating a well-informed understanding of local market dynamics. The current market signals, combined with the property’s lease term, suggest that this HDB unit is not only a desirable living space but also a potentially lucrative investment in Singapore's ever-evolving real estate landscape.