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

The valuation of the HDB 4-room property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $522,514, translating to a price per square foot (PSF) of $495. This valuation is notably positioned above the prevailing market baseline, reflecting a significant 24% premium. Such an elevated valuation suggests that the property is not only desirable but also indicative of strong demand within the region, which can be attributed to the strategic location and robust amenities that Tampines offers.

Our confidence in this valuation is classified as high, bolstered by an extensive analysis of 136 recent HDB resale transactions within the vicinity. The data underscores the resilience of the HDB market in this area, where factors such as proximity to educational institutions, transport hubs, and shopping facilities play a pivotal role in driving buyer interest. As the leasehold period decreases, properties with remaining leases of 57 years are increasingly seen as long-term investments, thus reinforcing the property's premium status in a competitive market landscape.