4 Room (4A) HDB for Sale in 842C Tampines Street 82

The valuation of the HDB 4 Room unit in Tampines, with a remaining lease of 66 years, stands at an estimated value of $618,346, translating to a price per square foot (PSF) of $532. This figure not only reflects the intrinsic value of the property but also indicates a strong market signal, as it is positioned 14.8% above the baseline market value. Such a premium suggests significant demand and desirability in the Tampines area, particularly as it is supported by a robust analysis of 51 recent HDB resale transactions in the vicinity.

The high model confidence rating underscores the reliability of this valuation, taking into consideration various factors that influence the HDB market, including location desirability, remaining lease duration, and recent sales data. The remaining lease of 66 years is particularly noteworthy, as properties with substantial leases tend to attract a wider pool of potential buyers, thereby stabilizing market prices. As the HDB landscape continues to evolve, this valuation serves as a compelling indicator of the current market dynamics, emphasizing the enduring appeal of Tampines as a sought-after residential enclave.