4 Room (4A) HDB for Sale in 874D Tampines Street 85

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 94 years, stands at an estimated value of $798,355, translating to $798 PSF. This assessment reflects a nuanced understanding of the local real estate landscape, particularly in the context of the HDB resale market. The property exhibits a marginal market price deviation of 1.5% from the baseline, indicating a stable demand for HDB units in this well-established residential enclave. Tampines continues to be a sought-after location due to its strategic connectivity and abundance of amenities, which drives buyer interest.

However, it is essential to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset of only five recent HDB resale transactions in the vicinity. This constraint may impact the robustness of the valuation, as market dynamics can fluctuate significantly with varying supply and demand conditions. As such, while the estimated value provides a compelling indicator of the property’s current worth, potential buyers and investors should exercise caution and consider broader market trends and additional data points before making informed decisions.