4 Room (4A) HDB for Sale in 285 Tampines Street 22

In the current valuation landscape, the HDB 4-room unit in Tampines has been appraised at an estimated value of $495,818, translating to a price per square foot (PSF) of $447. This valuation is notably above the market baseline by 24.6%, reflecting a premium that may suggest strong demand or unique attributes of the property. However, the model confidence for this estimation is categorized as low, highlighting the reliance on a limited dataset for comparables, specifically one recent resale transaction in the vicinity.

The remaining lease of 56 years on this property plays a crucial role in its valuation dynamics. In the context of HDB properties, a shorter lease can often lead to diminished buyer interest and a corresponding impact on value, particularly as the lease approaches the 30-year mark. Furthermore, the current market conditions in Singapore, characterized by fluctuating demand and a competitive environment for HDB sales, necessitate a careful consideration of both macroeconomic indicators and local sentiment. As such, prospective buyers and investors should remain vigilant and conduct thorough due diligence when assessing the viability of this property within the broader real estate landscape.