4 Room (4A) HDB for Sale in 494H Tampines Street 45

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 91 years, stands at an estimated value of $697,570, translating to $697 PSF. This assessment is derived from a comprehensive analysis of 500 recent HDB resale transactions in the vicinity, providing a robust dataset that enhances the reliability of our valuation. The market signal indicates a slight divergence of 1.5% from the baseline, suggesting a stable demand within the Tampines area amidst fluctuating market conditions.

With a remaining lease of 91 years, this property offers a significant advantage, considering that buyers often prioritize lease duration as a critical factor in their purchasing decisions. The high model confidence level reinforces our findings, suggesting that the market remains resilient, driven by the area's strategic location and the surrounding amenities that cater to families and young professionals alike. As Singapore's HDB market continues to evolve, properties like this in Tampines are likely to attract sustained interest, underscoring the importance of long-term lease considerations in property valuation.