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, stands at an estimated value of $523,775, which translates to approximately $468 PSF. This valuation is notably positioned 14.6% above the baseline, indicating a strong market signal that suggests heightened demand in the area. Such a premium valuation is reflective of the property’s strategic location within a well-established residential hub, which typically attracts a diverse demographic of buyers, particularly young families and professionals seeking proximity to key amenities and transport links.

However, it is essential to note that the model confidence for this valuation is classified as low, primarily due to the reliance on a limited dataset, with only one recent HDB resale transaction in the vicinity serving as the basis for comparison. This lack of robust transactional data may introduce volatility in the valuation, underscoring the necessity for potential buyers to conduct thorough due diligence before proceeding. As the HDB market continues to navigate the complexities of leasehold periods and buyer sentiment, stakeholders should remain vigilant to fluctuations in market dynamics that could impact future valuations.