4 Room (4A) HDB for Sale in 268 Tampines Street 21

The valuation of the HDB 4 Room property in Tampines, with a remaining lease of 57 years, stands at an estimated value of $549,198, translating to a price per square foot (PSF) of $495. This assessment places the property significantly above the market baseline, indicating a remarkable 34.4% premium compared to comparable transactions in the area. Such a premium reflects not only the desirability of the Tampines locality, which is renowned for its robust amenities and connectivity, but also the competitive nature of the HDB resale market in Singapore.

The model confidence for this valuation is classified as high, bolstered by a substantial dataset comprising 134 recent HDB resale transactions in the vicinity. This extensive analysis underscores a strong demand for HDB properties in Tampines, driven by a combination of factors including demographic trends, ongoing urban development, and the area's appeal to families and young professionals alike. As the lease period remains at 57 years, potential buyers are likely to perceive this property as a viable long-term investment, further contributing to its elevated market position.