4 Room (4A) HDB for Sale in 444 Tampines Street 42

The HDB 4 Room property located in Tampines, with a remaining lease of 57 years, has been appraised at an estimated value of $576,781, translating to a price per square foot (PSF) of $470. This valuation reflects a notable premium of 14.4% above the baseline market value, indicating strong demand dynamics within this well-established residential precinct. Such a significant variance suggests that buyers may perceive enhanced value in this unit, potentially due to its strategic location, proximity to amenities, and overall living environment that Tampines offers.

However, it is essential to note that the model confidence for this valuation is classified as low, indicating potential variability in market conditions and the limited number of recent comparable transactions—only four resale transactions were utilized in this analysis. As a result, while this HDB property may command a higher price due to perceived desirability, potential investors should exercise caution and consider the implications of the remaining lease duration and overall market conditions in their decision-making process.