4 Room (4A) HDB for Sale in 264 Tampines Street 21

The subject property, a 4-room HDB unit located in the vibrant district of Tampines, commands an estimated value of $519,923, translating to a price per square foot (PSF) of $469. With a remaining lease of 56 years, this valuation positions the unit above the current market baseline by 28.9%. Such a premium suggests a robust demand for HDB properties within this locale, reflecting both the desirability of the neighborhood and the evolving dynamics of the Singaporean real estate market.

Our valuation model, backed by a comprehensive analysis of 117 recent HDB resale transactions in the vicinity, indicates a high confidence level in this estimate. The elevated market signal can be attributed to several factors, including the area's strategic accessibility, proximity to essential amenities, and the ongoing urban development initiatives within Tampines. As the demand for quality housing continues to outpace supply, properties like this one, with substantial remaining leases, are likely to attract discerning buyers looking for both a home and a sound investment.