4 Room (4S) HDB for Sale in 142 Simei Street 2

The valuation of the 4-room HDB unit in Tampines, with an estimated worth of $475,600, reflects a robust market signal that is notably above the prevailing market baseline by 22%. This elevated valuation, translating to $526 per square foot, underscores the competitive demand for HDB properties in this vibrant neighbourhood, which is supported by a comprehensive analysis of 197 recent resale transactions in the vicinity. The high model confidence associated with this valuation indicates a reliable assessment grounded in current market trends and historical performance.

With a remaining lease of 60 years, this property sits at a strategic juncture of time and value. As buyers increasingly seek well-located HDB options, the consistent demand in Tampines—characterized by its accessibility, community amenities, and educational institutions—plays a pivotal role in sustaining elevated property values. This analysis not only highlights the property’s premium positioning in the market but also reflects broader leasing dynamics that are essential for potential investors and homeowners alike, reaffirming the attractiveness of HDB living in one of Singapore's key residential areas.