4 Room (4A) HDB for Sale in 742 Tampines Street 72

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 69 years, stands at an estimated value of $614,125, translating to a price per square foot (PSF) of $571. This valuation reflects a marginal 2.6% differential from the baseline market price, indicating a stable yet competitive market environment for HDB properties in this region. Given the strong demand for residential units in Tampines, a well-established estate known for its accessibility and amenities, this valuation underscores the desirability of the location.

With a robust model confidence rating categorized as high, this valuation is supported by an extensive analysis of 96 recent HDB resale transactions within the vicinity. This data indicates a consistent trend in buyer interest and market activity, bolstered by the area’s strategic positioning and comprehensive infrastructure. As the remaining lease of the property stands at 69 years, it remains attractive to prospective buyers who appreciate the balance of investment potential and living quality that Tampines offers. The current market dynamics suggest that properties with similar remaining leases are well-positioned to maintain their value, making this unit a noteworthy consideration for discerning investors.