4 Room (4A) HDB for Sale in 364 Tampines Street 34

The HDB 4-room unit located in Tampines, with a remaining lease of 68 years, is currently estimated to hold a value of $625,384, translating to a price per square foot (PSF) of $575. This valuation reflects a market signal indicating a 2.8% deviation from the baseline pricing, suggesting a relatively stable market position. However, it is essential to note that the model confidence for this valuation remains low, primarily due to the reliance on a singular recent resale transaction within the vicinity.

In the context of the current real estate landscape in Singapore, the remaining lease plays a pivotal role in determining property values, particularly for HDB units. Properties with longer leases tend to attract more interest from potential buyers, while those with shorter leases may face challenges in valuation and marketability. Given the current lease tenure of 68 years, this unit still possesses a competitive edge in the market, yet it is imperative for prospective buyers to consider the broader market dynamics and future developments in the area that may influence property values in the long run.