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

The valuation of the HDB 4-room unit in Tampines, with a remaining lease of 62 years, has been estimated at $523,775, translating to $468 PSF. This valuation is notably positioned above the market baseline, reflecting a 16.5% premium compared to similar properties within the vicinity. Such a significant deviation from the baseline suggests an active demand for HDB flats in this particular district, potentially driven by the area's well-established infrastructure, amenities, and proximity to key transport links.

However, it is important to note that the model confidence for this valuation is categorized as low, primarily due to the limited data set, with only one recent HDB resale transaction serving as a reference point. This raises questions regarding the sustainability of the current market dynamics, particularly given the relatively short time frame of data available for analysis. Stakeholders should remain vigilant and consider broader market trends, as well as fluctuations in demand and supply, which could influence future valuation trajectories and leasehold considerations for HDB properties in Tampines.