4 Room (4A) HDB for Sale in 720 Tampines Street 72

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 69 years, stands at an estimated value of $676,431, translating to a price per square foot (PSF) of $635. This valuation reflects a market signal indicating a modest 1.8% difference from the baseline, suggesting a stable yet cautious sentiment among buyers in the current market landscape. The comparative analysis is based on two recent HDB resale transactions in the vicinity, which serve as critical benchmarks for establishing this property’s valuation.

However, it is essential to note that the model confidence for this valuation is categorized as low. Factors contributing to this uncertainty include fluctuating demand dynamics in the HDB market and the potential impact of economic conditions on buyer sentiment. As the remaining lease period of 69 years is a significant consideration for prospective buyers, it may influence their willingness to pay a premium. In summary, while the property exhibits a competitive valuation relative to recent sales, stakeholders should approach this investment with a nuanced understanding of the evolving market conditions and the implications of lease longevity.