4 Room (4A) HDB for Sale in 489A Tampines Street 45

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 62 years, is currently estimated at $523,775, translating to a price per square foot (PSF) of $468. This valuation is indicative of a market signal that is classified as above market, with a notable variance of 14.6% from the baseline. Such a premium suggests that the property is positioned favorably within the local market, likely driven by factors such as demand for HDB units in the Tampines area, which is known for its robust infrastructure and community amenities.

However, it is critical to note that the model confidence associated with this valuation is categorized as low, primarily due to the limited data available, with only one recent HDB resale transaction in the vicinity to inform the analysis. This lack of comprehensive transaction data may create volatility in price expectations and underscores the importance of conducting further market research and comparative analysis. Investors should consider these dynamics closely, especially in relation to the remaining lease period, which is a pivotal factor in the long-term value retention and appreciation potential of HDB properties.