4 Room (4A) HDB for Sale in 843 Tampines Street 83

The valuation of the HDB 4-room unit in Tampines, currently estimated at $506,915 or $458 PSF, presents an intriguing market signal indicating a valuation that is 20.3% above the baseline. This premium positioning suggests that the property is perceived to hold significant value, potentially due to its strategic location and the amenities available in the highly sought-after Tampines estate. With a remaining lease of 59 years, this aspect may appeal to certain buyers who prioritize long-term investment in established neighborhoods.

However, the model confidence for this valuation remains classified as low, primarily due to the limited dataset underpinning the analysis, consisting of only one recent HDB resale transaction in the vicinity. This lack of robust comparative evidence necessitates caution for prospective buyers, as fluctuations in local demand and market trends could affect the sustainability of this premium valuation. It is essential for stakeholders to remain vigilant about the evolving market dynamics and to consider the implications of remaining lease duration on property value, particularly as it approaches the critical threshold of 30 years.