4 Room (4A) HDB for Sale in 406 Tampines Street 41

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $534,569, translating to a price per square foot (PSF) of $558. This valuation is notably above the market average, exhibiting a 25% premium over the baseline. Such a significant markup suggests that the property is highly sought after, potentially driven by factors such as its strategic location, accessibility to amenities, and the overall desirability of the Tampines estate.

However, it is crucial to note that the model confidence for this valuation is assessed as low, primarily due to the reliance on only two recent HDB resale transactions in the vicinity. This limited data sample raises questions about the robustness of the valuation, particularly in a dynamic market where property values can fluctuate significantly. Investors and potential buyers should approach this valuation with caution, considering the implications of the remaining lease period and its impact on long-term investment potential.