4 Room (4NG) HDB for Sale in 816 Tampines Avenue 4

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 57 years, has been estimated at $524,234, translating to a price per square foot (PSF) of $497. This valuation indicates a significant market signal, positioning the property 23.6% above the baseline value. Such a premium suggests robust demand dynamics in the Tampines region, where the property market remains buoyant, driven by both local amenities and connectivity enhancements that appeal to prospective buyers.

The model confidence for this valuation is categorized as high, supported by a comprehensive analysis of 138 recent HDB resale transactions within the vicinity. This substantial dataset allows for a nuanced understanding of the current market landscape, indicating that the demand for HDB flats in this area continues to outstrip supply, particularly for units with a relatively healthy remaining lease period. Investors and homeowners alike should take note of these market dynamics, as they reflect not only the immediate value of the property but also its potential for long-term appreciation in one of Singapore's most sought-after residential districts.