4 Room (4A) HDB for Sale in 618B Tampines Street 61

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 94 years, stands at an estimated value of $684,956 or $684 PSF. This assessment is particularly noteworthy as it reflects a significant premium over the baseline market value, showcasing an 18% above-market differential. Such a premium suggests strong demand dynamics and desirability in the Tampines area, which is characterized by its strategic location, accessibility, and a robust ecosystem of amenities.

This valuation is supported by a comprehensive analysis of 500 recent HDB resale transactions within the vicinity, reinforcing the model's high confidence level in its accuracy. The high demand for 4-room units in this region highlights the ongoing trend of families seeking spacious living arrangements in a well-connected neighborhood. Furthermore, the substantial remaining lease of 94 years adds significant value, providing prospective buyers with long-term security and peace of mind, which is a critical factor in the HDB market.