4 Room (4A) HDB for Sale in 240 Tampines Street 21

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 56 years, stands at an estimated value of $540,941 ($483 PSF). This valuation is positioned significantly above the market average, reflecting a 34.9% premium compared to the baseline. Such a substantial variance indicates a robust demand for HDB properties in this region, underscoring the desirability of Tampines as a residential area.

Our analysis is backed by a high model confidence level, derived from an extensive review of 123 recent HDB resale transactions in the vicinity. The consistent performance of these transactions highlights the resilience of the Tampines market, characterized by its strategic location, excellent amenities, and strong community infrastructure. The remaining lease of 56 years, while a consideration in long-term value assessments, does not appear to have dampened buyer enthusiasm, suggesting that residents are prioritizing immediate living conditions and the vibrant lifestyle offerings of the area over future lease concerns.