4 Room (4A) HDB for Sale in 722 Tampines Street 72

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 69 years, stands at an estimated value of $691,198, translating to $642 PSF. This valuation reflects a nuanced understanding of the current market dynamics, particularly within the vibrant Tampines district, which has shown consistent demand for HDB properties. With a market price exhibiting only a 1.9% difference from the baseline, this indicates a stable and resilient market sentiment, bolstered by the area's strategic advantages and robust community infrastructure.

Our analysis is grounded in a comprehensive dataset comprising 500 recent HDB resale transactions in the vicinity, ensuring a high level of model confidence in the estimated value. The strong demand for 4 Room units, coupled with the remaining lease period, enhances the attractiveness of this property to potential buyers, particularly those looking for a balance of affordability and longevity in their investment. As the Tampines region continues to evolve with ongoing developments and amenities, the long-term outlook for this HDB unit appears promising, underpinning its valuation amidst the broader market trends.