4 Room (4A) HDB for Sale in 861 Tampines Avenue 5

In our latest appraisal of the HDB four-room unit located in the vibrant estate of Tampines, we estimate its value at $600,390, translating to $537 PSF. This valuation reflects a significant market signal, positioning the property above the prevailing market rates by approximately 12.4% from the baseline. Such a premium indicates a robust demand within this locality, which is often attributed to Tampines' strategic location, comprehensive amenities, and its reputation as a well-planned residential hub.

However, it is essential to note that the model confidence for this valuation remains low, primarily due to the limited data set available, which is based on only one recent resale transaction in the vicinity. This scarcity of comparable sales may affect the reliability of the estimated value, suggesting that prospective buyers should exercise due diligence. The property holds a remaining lease of 60 years, a critical factor in HDB valuations that can influence buyer sentiment and long-term investment potential. As the market continues to evolve, ongoing monitoring of local trends and transaction volumes will be vital in understanding the future trajectory of property values in this dynamic district.