4 Room (4A) HDB for Sale in 264 Tampines Street 21

The valuation of the 4-room HDB property in Tampines, with a remaining lease of 56 years, stands at an estimated value of $521,695, translating to a price per square foot (PSF) of $471. This valuation is notably positioned above the market baseline, with a significant premium of 26.1%. Such a deviation indicates strong demand and potential desirability within the local housing market, particularly in the vibrant Tampines precinct, which is known for its connectivity and amenities.

Our analysis is underpinned by a robust model confidence rating, reflecting a comprehensive examination of 117 recent HDB resale transactions in the vicinity. The high confidence level suggests that the valuation accurately captures current market dynamics, including buyer sentiment and competitive pricing strategies. In a market where lease tenure plays a critical role in valuation, the remaining 56 years of lease provides a balanced perspective on both investment potential and occupancy viability, making this property an attractive option for discerning buyers seeking long-term value in a well-established neighborhood.