4 Room (4A) HDB for Sale in 402 Tampines Street 41

The recent valuation of the 4-room HDB unit in Tampines, with a remaining lease of 58 years, presents a compelling analysis of current market dynamics. Priced at an estimated value of $578,994, equating to $512 per square foot, this property signals a robust market position, standing 19% above the baseline valuation. Such a premium indicates a heightened demand for HDB units within this vibrant locale, further supported by substantial transaction data drawn from 201 recent HDB resale transactions in the vicinity.

In examining the fundamentals, the strong model confidence in this valuation underscores the reliability of the data, encompassing various market factors such as location desirability, amenities, and demographic trends within Tampines. The remaining lease of 58 years is significant, as it reflects a balance between long-term investment potential and the challenges that shorter leases may present in the resale market. As Tampines continues to evolve with ongoing developments and infrastructure enhancements, the appeal of HDB living in this district is likely to remain strong, solidifying its status as an attractive investment opportunity.