4 Room (4S) HDB for Sale in 440 Tampines Street 43

The valuation of the HDB 4-room unit located in the heart of Tampines, with a remaining lease of 75 years, stands at an estimated value of $562,166, translating to a price per square foot (PSF) of $622. This valuation indicates a market positioning that is approximately 6.6% above the baseline, suggesting that this property is currently perceived as a premium offering in the local market. The elevated price point can be attributed to the strategic location of Tampines, which is recognized for its comprehensive amenities and connectivity, appealing to both existing residents and potential buyers.

It is important to note that the model confidence for this valuation is classified as low, primarily due to the limited sample size of only three recent HDB resale transactions in the vicinity. This scarcity of comparable data may introduce variability in the valuation, making it essential for potential investors to exercise caution. Additionally, the dynamics of the HDB leasehold market in Singapore, particularly with a remaining lease of 75 years, can significantly influence buyer sentiment and investment decisions. As such, while this property shows potential upside, a thorough assessment of market trends and personal investment goals is recommended for interested parties.