4 Room (4A) HDB for Sale in 731 Tampines Street 71

In the current landscape of the Singapore HDB market, the valuation of a 4-room flat in Tampines, with a remaining lease of 68 years, stands at an estimated value of $635,154, translating to $573 per square foot. This valuation is reflective of a 3.9% difference from the baseline market price, indicating a slight premium that suggests potential resilience in property demand despite broader economic fluctuations. The relatively low model confidence rating highlights the need for caution, as it is based on only two recent resale transactions in the vicinity, which may not provide a comprehensive picture of the current market dynamics.

The remaining lease of 68 years is a significant factor in this valuation, as it plays a critical role in determining long-term investment viability and buyer sentiment. In Singapore's context, properties with shorter leases often face depreciation in value, while those with more substantial remaining leases tend to maintain a competitive edge in the market. The Tampines area, known for its strategic location and amenities, enhances the appeal of this property, suggesting that, despite the low model confidence, the fundamentals of demand in this region remain intact. As such, potential buyers and investors should weigh the lease duration alongside broader market trends when considering this property for investment or residential purposes.