4 Room (4A) HDB for Sale in 261 Tampines Street 21

The valuation of the 4-room HDB unit located in Tampines, with a remaining lease of 56 years, stands at an estimated value of $554,292, translating to a price per square foot (PSF) of $491. This figure positions the property above the current market baseline by approximately 13.7%, indicating a premium valuation compared to similar units in the vicinity. Such a significant markup may reflect a variety of underlying factors, including the desirability of the Tampines locale, which is often recognized for its robust amenities, proximity to public transport, and vibrant community living.

However, it is crucial to note that the model confidence for this valuation is categorized as low, primarily due to the limited dataset upon which this assessment is based—specifically, it relies on just one recent HDB resale transaction within the area. This scarcity of comparative transactions may lead to volatility in the valuation, suggesting that potential buyers and sellers should approach this valuation with caution. As the market dynamics evolve, particularly in response to changing economic conditions and housing policies, the long-term sustainability of this premium valuation will require close monitoring.