4 Room (4NG) HDB for Sale in 160 Tampines Street 12

This valuation report focuses on a 4-room HDB property located in the vibrant district of Tampines, with a remaining lease of 56 years. The estimated value stands at $509,255, which translates to a price per square foot (PSF) of $483. This pricing positions the property at a significant premium, reflecting a market signal that is approximately 44.9% above the baseline value for similar properties in the area.

The strong market performance can be attributed to several key factors:

• High Demand: Recent data indicates a robust demand for HDB properties in Tampines, evidenced by 118 recent resale transactions that underpin this valuation.
• Strategic Location: Tampines is recognized as a well-connected hub with ample amenities, contributing to its desirability among families and young professionals.
• Model Confidence: The high confidence level in this valuation underscores the reliability of the analysis, ensuring that prospective buyers and investors can make informed decisions.

In conclusion, the elevated valuation of this HDB unit not only reflects the current market dynamics but also highlights the potential for long-term investment returns, given the strategic location and favorable lease tenure. Investors seeking opportunities in Singapore's real estate landscape should consider this property as a noteworthy option.