4 Room (4A) HDB for Sale in 364 Tampines Street 34

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 68 years, stands at an estimated value of $625,384, translating to a price per square foot (PSF) of $575. This figure reflects a market price that is only 0.9% different from the baseline, indicating a relatively stable valuation amidst current market dynamics. Such proximity to the baseline suggests a consistent demand for HDB properties in the area, resonating well with the broader trends observed in the Singapore housing market.

However, it is crucial to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity. This scarcity of comparative sales data could lead to fluctuations in value that are not fully captured in this estimate. Investors and homeowners should consider these dynamics carefully, as the remaining lease period of 68 years can significantly influence future resale potential and investment returns. As the market evolves, understanding the implications of lease duration and local demand will be essential for navigating the complexities of HDB valuations in Tampines.