4 Room (4S) HDB for Sale in 409 Tampines Street 41

The valuation of the HDB 4 room unit in Tampines, with a remaining lease of 58 years, stands at an estimated value of $448,908, translating to a price per square foot (PSF) of $497. This assessment indicates a significant market signal, as the property is priced above the market baseline by 33.7%. Such a premium valuation reflects not only the intrinsic characteristics of the unit but also the prevailing demand dynamics within the Tampines area.

Our analysis, grounded in a robust dataset of 198 recent HDB resale transactions within the vicinity, demonstrates a high model confidence in this valuation. The above-market pricing can be attributed to several factors, including the strategic location of Tampines, which is known for its accessibility and comprehensive amenities. Furthermore, the remaining lease of 58 years is a critical consideration for prospective buyers, as it influences future resale potential and marketability. In the current climate, where leasehold properties are increasingly scrutinized, this valuation signals a strong belief in the enduring appeal of the Tampines district, making it a favorable option for both investors and owner-occupiers alike.