4 Room (4A) HDB for Sale in 909 Tampines Avenue 4

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $562,639, equating to $498 PSF. This assessment positions the property above the market average by 20.9%, indicating a robust demand in the area and a strong investor confidence in the HDB market dynamics of Tampines. The model confidence is rated as high, derived from an analysis of 137 recent HDB resale transactions in the vicinity, which underscores the reliability of the valuation and the current market conditions.

This notable premium above the baseline value can be attributed to several key factors. Firstly, the strategic location of Tampines, which offers a blend of accessibility and amenities, continues to attract potential homeowners and investors alike. Additionally, the remaining lease of 57 years, while moderately lengthy, still provides a viable option for long-term residency, enhancing the property’s appeal. As market dynamics evolve, it is essential for stakeholders to continuously monitor trends in HDB valuations, especially in vibrant districts like Tampines, where the interplay of supply and demand is particularly pronounced.