4 Room (4S) HDB for Sale in 416 Tampines Street 41

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 58 years, is estimated at $470,085, translating to a robust $521 PSF. This valuation is positioned significantly above the market baseline by 18.9%, indicating a notable premium compared to comparable properties in the area. Such a discrepancy suggests that this unit may possess attributes or advantages that are appealing to buyers, which could include its location, condition, or unique features that enhance its desirability.

However, it is important to note that the model confidence for this valuation is classified as low, primarily due to the limited data set, with only two recent HDB resale transactions in the vicinity informing this analysis. The remaining lease of 58 years should also be considered in the broader context of market dynamics, as properties with shorter leases often face depreciation in value. Buyers should weigh these factors carefully against the current market conditions, which may fluctuate based on demand and supply dynamics within the HDB resale market.