4 Room (4S) HDB for Sale in 130 Simei Street 1

The valuation of the HDB 4-room property in Tampines, with a remaining lease of 60 years, stands at an estimated value of $477,428, equating to $528 per square foot. This valuation is notably positioned 36.1% above the market baseline, indicating a robust demand and potential premium associated with this specific property. The elevated price point suggests that buyers are willing to invest significantly in this HDB unit, likely driven by factors such as location desirability, proximity to amenities, and the overall appeal of the Tampines precinct.

With a high model confidence stemming from an analysis of 213 recent HDB resale transactions in the vicinity, the data underscores the resilience of the Tampines market, particularly for properties with a remaining lease of 60 years. The strong market signal reflects a competitive landscape, where buyers are actively engaging in transactions that exceed typical pricing metrics. As Singapore's real estate market continues to evolve, this valuation serves as a benchmark, highlighting the intricate dynamics of leasehold properties and the importance of location in determining market value.