4 Room (4A) HDB for Sale in 250 Tampines Street 21

The valuation of the 4-room HDB unit in Tampines, with a remaining lease of 56 years, has been estimated at $491,247, translating to a price per square foot (PSF) of $447. This valuation is positioned significantly above the market baseline, showcasing a 42.5% premium compared to comparable properties in the area. Such a substantial deviation indicates heightened demand or unique selling points attributed to this specific unit or its location within the vibrant Tampines neighborhood, known for its comprehensive amenities and accessibility.

However, it is essential to note that the model confidence for this valuation is classified as low, based on only two recent HDB resale transactions in the vicinity. This low confidence level suggests that the market dynamics may be influenced by limited data points, and potential buyers should exercise caution. Factors such as the remaining lease period, community developments, and shifting demographic trends in the region could play critical roles in determining the future value trajectory of this property. As the market evolves, stakeholders should remain vigilant and adaptable to these changing dynamics.