4 Room (4S) HDB for Sale in 840 Tampines Street 82

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 58 years, has been estimated at $473,188, translating to a price per square foot (PSF) of $523. This valuation is notably positioned above the market baseline, reflecting a significant 26.8% premium. Such a divergence from the baseline suggests that this property may be appealing to buyers seeking value in a competitive market, particularly given the strong demand for HDB units in well-established neighborhoods like Tampines.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the limited data set, with only one recent HDB resale transaction in the vicinity serving as a reference point. This lack of robust transactional data may indicate potential volatility in the pricing dynamics, as market conditions can shift rapidly. Buyers and investors should exercise caution and conduct further due diligence to understand the implications of the remaining lease on property value and future resale opportunities.