4 Room (4A) HDB for Sale in 489C Tampines Street 45

The valuation of the 4-room HDB property in Tampines, with an estimated value of $601,573, reflects a robust position in the market, showcasing a price per square foot (PSF) of $538. This valuation is particularly noteworthy given the remaining lease of 62 years, which is generally considered favorable in the context of Singapore’s housing landscape. The property’s current estimated value is positioned above the market baseline by 12.9%, indicating a strong demand and desirability in the vicinity, underpinned by the recent HDB resale transactions that inform this assessment.

With a model confidence level categorized as high, this analysis is supported by a substantial dataset of 114 recent HDB resale transactions within the area. This significant data pool not only enhances the reliability of the valuation but also highlights the competitive dynamics of the Tampines market. The elevated valuation signals a positive outlook for potential buyers and investors, suggesting that this property benefits from both the strategic location of Tampines and the broader trends in Singapore’s residential market, characterized by a steady demand for well-located HDB units with reasonable lease tenures.