4 Room (4A) HDB for Sale in 271 Tampines Street 21

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 57 years, stands at an estimated value of $510,636, translating to a price per square foot (PSF) of $456. This valuation reflects an above-market position, with a notable 34.1% difference from the baseline, suggesting that this property commands a premium over typical market expectations. Factors contributing to this elevated value include the unit's strategic location within the vibrant Tampines precinct, which is known for its accessibility to amenities, educational institutions, and transport links.

However, it is essential to note that the model confidence for this valuation is categorized as low, based on a limited dataset of only two recent HDB resale transactions in the vicinity. This underscores the importance of cautious interpretation of the data, as market dynamics can fluctuate significantly with varying demand and supply conditions. Investors and potential buyers should consider these factors, alongside the implications of the remaining lease period, as they navigate the competitive HDB market landscape in Singapore.