4 Room (4A) HDB for Sale in 253 Tampines Street 21

The valuation of the HDB 4-room property located in Tampines, with a remaining lease of 56 years, stands at approximately $484,867, translating to $442 PSF. This valuation reflects a significant market signal, indicating an above-market position with a notable 23.5% difference from the established baseline. Such a premium suggests that the property commands a higher price point due to factors that may include its strategic location, proximity to amenities, and the overall desirability of the Tampines area.

However, it is important to note that the model confidence associated with this valuation is categorized as low, primarily driven by the analysis of only two recent HDB resale transactions in the vicinity. This limited data may affect the reliability of the market signal and underscores the need for potential buyers and investors to conduct further due diligence. As the market continues to evolve, particularly with the dynamic nature of HDB leasehold properties, understanding the implications of remaining lease duration on value perception becomes paramount, particularly in an area as vibrant as Tampines.