4 Room (4NG) HDB for Sale in 228 Tampines Street 23

The valuation of the HDB 4-room unit located in the highly sought-after Tampines area has been pegged at approximately $487,582, translating to about $472 PSF. With a remaining lease of 57 years, this property is positioned within a competitive market that has shown resilience despite broader economic fluctuations. However, the estimated value stands 41.5% above the baseline, indicating a significant premium compared to similar properties in the vicinity.

It is essential to note that this valuation is based on a limited data set, with only one recent resale transaction in the area informing our analysis. This contributes to a low model confidence, suggesting that the valuation may be influenced by unique property characteristics or transient market conditions. Investors and potential buyers should approach this opportunity with a discerning eye, considering the long-term implications of the remaining lease and the dynamics of the HDB resale market in Tampines, known for its strong community and accessibility.