4 Room (4A) HDB for Sale in 838 Tampines Street 82

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 58 years, is estimated at $547,245, translating to a price per square foot (PSF) of $484. This valuation is notably positioned above the market baseline by 11.5%, indicating a premium attributed to specific qualities of the property or its surrounding environment. Such a substantial deviation from the baseline valuation suggests that the property may possess unique characteristics or advantages that are not fully reflected in the current market trends.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily based on the analysis of only two recent HDB resale transactions in the vicinity. This limited dataset may impact the reliability of the estimated value, highlighting the need for cautious interpretation of the market signals. Given the remaining lease of 58 years, potential buyers should also consider the implications of lease duration on future resale value and market demand, particularly in an established area like Tampines that may be experiencing shifts in buyer sentiment.